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Maingi
Maingi W., 50 years old, runs a tailoring shop in Kwa Njenga, which is a slum area. He is married to Doris and they have three children aged 19, 16, and 13 years. He was introduced to Kadet by existing customers.



Maingi has been running this business for three years, and his monthly profit is Kshs 18000. With the loan, he plans to buy fabrics for making clothes. If the loan boosts the business he will open another tailoring shop in another town and employ more tailors.



Since all of Maingi's children are in shool and require school fees, he dreams of opening a tailoring training school in his shop so as to earn more profit. This will help him to better meet his family's needs. He describes himself as ambitious.

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
  • 621
    View loans »
    Kenya Loans Fundraising
  • $39,851,750
    Funds lent in using Kiva
  • 80.4
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Maingi to buy additional fabrics for making clothes.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2010
Listed
Nov 12, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011