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Nelson
Nelson M. has been transporting his clients through the famous bodaboda transport around Naivasha town for the last two years. Bodaboda is where one uses his bicycle for transporting people around a town. The bicycle is fitted with a tailor-made seat where clients sit and the bike rider cycles them to their intended destination. Nelson is 22 years old and still single.

Nelson was introduced to KADET by his friend. He has applied for a loan which he wants to use to buy a motorbike and upgrade from the bicycle that he uses.

In the near future, Nelson hopes to own a pick-up truck which he will use to move people’s goods to and from the main market in Naivasha town.


About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empowering its clients by providing financial services to improve the living conditions of micro-entrepreneurs and their children across Kenya. KADET is the microfinance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke

Additional Information

About VisionFund Kenya

VisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.

About Kenya

  • $1,800
    Average annual income
  • 952
    View loans »
    Kenya Loans Fundraising
  • $41,060,325
    Funds lent in using Kiva
  • 74.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Nelson to buy a motorbike.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2009
Listed
Sep 29, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010