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Lucy Wangechi
Lucy operates a school in Ndumbuini Trading Center that has all lower primary classes established. She is still constructing it bit by bit, as she gets funds. She targets children from the neighborhood and this has been her primary business, which she has been doing for the last four months. Ndubuini area has a high population, most of whom are low-income earners.

She was introduced to KADET by an existing member and this is her first loan from KADET. She has not borrowed from other financial institutions apart from KADET. She will use the loan advance to buy more desks for the school and also construct a few more classrooms in order to accommodate more students.

She wants to buy a truck and complete building the school and equipping it with all the required equipment.

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
  • 970
    View loans »
    Kenya Loans Fundraising
  • $41,774,550
    Funds lent in using Kiva
  • 77.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Lucy Wangechi to build more iron sheet class rooms, amounting to KSHS 40,000, and Buy desks for KSHS 20,000.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2010
Listed
Mar 29, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011