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John Macharia
John is a 25-year-old single man who sells women's clothing in the Kangemi market. He has been in the business for four years with a profit of approximately 25,000 Kenyan shillings a month. He wants to use the loan to buy more stock of clothes.

John has never borrowed a loan from any financial institution before. He was introduced to KADET by one of the borrower group members. John hopes to expand his business by adding more stock and also venturing into selling new clothes (instead of second-hand clothing).


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
  • 861
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 75.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped John Macharia to add more stock of used-clothing to his business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2009
Listed
Oct 29, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2010