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Lameck
Lameck M. N., 27, has run the "Classic Store" with his wife for the last six months. The store is located in a residential area in Magongo and they sell cereals, paraffin (kerosene), vegetable oil, sugar, detergents, rice, flour, etc. His challenges are that customers can't pay at the end of their pay cycles and further, over the holidays, many return to their villages and his business suffers.

Lameck is using his KES 80,000 loan to open another branch of the store in a busy new area.

Lameck also runs a barber shop where he has an employee. His long term business goal is to be a wholesaler and supply goods to small retail shops in Mombassa.

Lameck and his wife (pictured) have no children yet, but Lameck's goal is to have a stable life for his family with a house, a car, and good education for his own children. He is hardworking and feels confident that he can reach whatever goals he sets for himself.

About Kenya

  • $1,800
    Average annual income
  • 983
    View loans »
    Kenya Loans Fundraising
  • $40,863,875
    Funds lent in using Kiva
  • 74.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Lameck to open another branch of his store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2009
Listed
Dec 4, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011