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Koitamet
Koitamet M., aged 25 years, is a single man who has a retail shop in Enkaroni which is in Kajiado. He rents his shop.

He has been running this business for the past two years and his monthly profit is Kshs 20,000. He was introduced to KADET LTD by the credit officer in charge of the Kitengela office which is the nearest to Enkaroni Market.

Koitamet will use Kshs 5,000 to buy rice, Kshs 5,000 for sugar, Kshs. 10,000 for mattresses, Kshs 5,000 for blankets, kshs 10,000 for plastic chairs and Kshs 5,000 to buy bags for sale. His business is fast moving because Enkaroni market is crowded with livestock traders who buy his goods a lot.

If the loan boosts the business, Koitamet will have a big business which will enable him to generate enough income to buy a piece of land where he can build his own shop to do business in and buy a pickup. He will also build rental houses.

Koitamet dreams of becoming a big distributor owning a manufacturing company and opening a supermarket. Koitamet is honest, ambitious and hardworking.

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
  • 448
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 80.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Koitamet to buy rice, blankets, sugar, mattresses, plastic and bags.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Nov 5, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011