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Julius
Julius C., age 45, runs a sugarcane wholesale business at Shauri Moyo estate. His customers are small-scale buyers who sell in the streets and to traveling passengers. He is married to Peninah and together they have two children, Carol, age 17, and Peter, age 14. Julius was introduced to KADET by other KADET clients.

Julius has been running this business for a period of 5 years and his monthly profit is 18,000 Kenyan shillings. This loan of 70,000 Kenyan shillings is Julius’ fourth loan with KADET. He plans to buy two lorries of sugarcane for his wholesale business. If the loan boosts the business, Julius will add more stock and provide better living standards for his family. He will also pay school fees for his children.

Julius dreams of getting tenders from sugar mills. He describes himself as 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
  • 768
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 80.4
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped Julius to buy two lorries of sugarcane for his wholesale business.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012