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Teresia Njeri
Teresia Njeri is a widowed lady aged 51 and a mother of five, aged 33, 30, 29, 24, and 18. She has been selling motor spare parts and power saws for the last 18 years. She managed to feed her children and educate them from the income she gets from this business.



Teresia learnt about KADET through a friend who was an existing client of KADET. This will be her first loan from KADET Ltd.



With this loan, she intends to incorporate a wider range of spare parts to compensate for the income previously derived from sales of power saws. This is because sales for power saws have gone down substantially due to government regulations against deforestation and increased awareness of environmental conservation.



She aspires to expand the business and also diversify into subsistence farming.




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 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
  • 405
    View loans »
    Kenya Loans Fundraising
  • $38,152,100
    Funds lent in using Kiva
  • 74.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Teresia Njeri to purchase more spare parts for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2009
Listed
Nov 26, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010