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Michael
Michael O. is 42 years old. He is a widower from the Usenge area who has six school-aged children. Michael is a tailor and is known in his neighborhood for making nice clothes. He is applying for his first loan from KADET LTD after being introduced to the organization by a friend who has benefited from the loans. Michael wants to buy material to sell and also to make into clothes. He will use his profits to expand his business

Michael’s desire is to expand his business and open a tailoring school. He also wants to buy land and build a house for his family.

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
  • 959
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 81.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Michael to buy material to sell and tailor.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011