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Edward Machang'a
Edward Machang’a W. is 31-years-old, married to Njeri and they are blessed with two children. He has been selling computers and offers other services related to computers, like repairs, for six years. His profit margin is 7,000 Kenyan shillings (KES) per month. His business is located in Nairobi's central business district, which has a heavy concentration of offices; hence, is good for computer sales and services.

Edward was introduced to KADET by an old client and he is applying for a loan of 25,000 KES. He plans to buy spare parts for computers with 10,000 KES and one computer for 15,000 KES. He will add more stock with the profit and eventually open a big computer shop. He wants to offer his children better education.

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
  • 797
    View loans »
    Kenya Loans Fundraising
  • $40,352,500
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Edward Machang'a to buy spare parts and one computer.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 31, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2011