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Peter Ngige

Peter is 34 year old and married to Lucy Wangeni. They have two children: Paul is 12 years old and Magdaline is 10 years old.



Peter, who is on his second loan, was introduced to KADET by his sister, who was also a client. Peter has been selling fish for three years. His business is located in Malindi's old town market where his target-customers are the towns’ residents. Peter also does watch repairs as a secondary business. He is able to earn a monthly profit of 8,000 KES from this business. Peter hopes to put the profits he earns from this loan toward buying a piece of land.



He describes himself as very hardworking and ambitious, and he hopes to own a good house and promising businesses.

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
  • 932
    View loans »
    Kenya Loans Fundraising
  • $41,082,975
    Funds lent in using Kiva
  • 77.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Peter Ngige opening a retail shop worth 30,000 KES; adding fish stock worth 10,000 KES; and purchasing a deep freezer for storing his fish worth 30,000 KES.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2010
Listed
Feb 27, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011