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Gladys  Wambui
Gladys Wambui, a 37 year old lady, runs a salon in Mwimto. She is married to Peter Kamau, who is 40 years old and is a businessman. Gladys has been in this business for 15 years and is capable of making a profit of KES120,000 per month. She was introduced to KADET LTD by a friend and she is applying for her third loan of KES73,000 with KADET LTD, after paying her previous loans successfully.

With this loan she plans to buy more inventory of cosmetics and also to buy another hair dryer to help serve her clients better. The business is in a busy place where her clients are served well, due to the availability of cosmetics that she able to get at retail prices, and sell them directly to her customers. With the extra income she plans to pay back her loan and to expand her business.

In the future, Gladys hopes to operate a hairdressing and beauty college in Mwimto where she will be to capture the attention of many young generations that havw interest in learning hairdressing. She believes that this will certainly expand her business and improve her standard of living.

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
  • $40,998,900
    Funds lent in using Kiva
  • 81.2
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped Gladys Wambui to buy more inventory of cosmetics and another hair dryer to help serve her clients better.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2010
Listed
Sep 11, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011