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Morrison
Morrison K. is 52 years old and has one child with his wife Joyce K.. He has been in the clothing business for the last four years. Morrison has just applied for a loan from KADET, the only micro-finance institution he has ever done business with. He learned about KADET through various marketing and promotion activities carried out by people in Naivasha town, where he lives.

Morrison will use this loan to increase his stock of items, such as pants and shirts, in order to meet high demand during the Christmas season. His future goal is to own his own boutique.

About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is committed to economically empowering its clients by providing financial services to rural communities in order to relieve suffering and improve living conditions within those communities.

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
  • 411
    View loans »
    Kenya Loans Fundraising
  • $38,141,300
    Funds lent in using Kiva
  • 74.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Morrison to buy more clothing to sell to customers during the holidays season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2009
Listed
Dec 2, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010