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Boaz
Boaz O. is 31 years old and a father of two children aged 10 and 1. He runs an electrical shop in the main bus terminal of Kisumu City with assistance from his wife.


He has been in this business for the last eight years and also offers electrical fitting services to his clients after he sells them electrical items. His interest in this type of business started after he completed a Diploma in Electrical Engineering from Kisumu Polytechnic.


Boaz was introduced to KADET Ltd by a friend who left one of the main local banks due to high charges. This is his second loan from KADET Ltd, and with it, he intends to purchase sockets, consumer units, security light fittings and other electrical appliances for his shop.


Boaz aspires to open a wholesale business in electrical appliances.


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
  • 701
    View loans »
    Kenya Loans Fundraising
  • $42,247,450
    Funds lent in using Kiva
  • 74.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Boaz to purchase sockets, consumer units, security light fittings and other electrical appliances for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2009
Listed
Nov 13, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010