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Richard Nderitu
Richard has operated his retail shop selling electronic goods in the town of Naivasha for the last 20 years. He is 50 years old, married to Beatrice Wanjiru, and together they have five children.



He was introduced to KADET by his friend, and this will be his second loan. He repaid his previous loan of Kshs 50,000 well and in good time. He plans to use this loan to buy more electronics for sale in his shop.



In the future, Richard hopes to construct his own building in Naivasha and rent office space.

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
  • 313
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 80.3
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Richard Nderitu to buy more electronics to sell in his shop.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2010
Listed
Nov 12, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011