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Paul
Paul is 51 years old, married to Elisabeth, and does not have children. He owns a retail shop. He has been in this business for four years and earns a profit margin of KES.20,000 per month.

He was introduced to KADET LTD by a credit officer and he is applying for his fifth loan of KES. 50,000. He plans to buy more items such as cooking oil, flour, sugar, bread, and tea leaves for sale. He has paid his previous loans well and in good time.

In the future, he intends to grow his business and own a restaurant.

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
  • 713
    View loans »
    Kenya Loans Fundraising
  • $42,214,325
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Paul to buy more stock, e.g., cooking oil, flour, sugar, bread and tea leaves.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2011
Listed
May 13, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012