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David
David K. runs a retail shop and hotel. He is 59 years old and married to Josphine Sabula, a housewife who does not produce any income. He is supporting a family of nine people. David has been in his business for 19 years and right now his monthly income is 10,000 Kenyan shillings (KES). He is borrowing 50,000 KES to purchase stock for his butchery and the hotel. He will use the anticipated profit to expand the butchery. This is his second loan from KADET. The previous loan was repaid successfully. He hopes and dreams to open another retail shop in Kabarnet town.

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
  • 748
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 80.6
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped David to purchase stock for a butchery and hotel.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Nov 3, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011