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Samuel
Samuel, age 44, owns and operates a barber shop, which is his primary business. He also also runs a grocery store just outside his barber shop. He has been running these businesses for 13 years, earning him a monthly income of KES. 15,000. His wife, Hannah, runs a salon business. They are blessed with two children: John, age 10, and Mary, who is six months old.

This is his third loan cycle from KADET Ltd, and he has successfully repaid both his previous loans. He will use his new loan funds to buy shaving machines, surgical spirit, and other utilities required in a barber shop. He also wants to buy more grocery supplies to offer for sale.

Samuel hopes to be able to support the full education of his children. He hopes eventually to establish his business in tandem with his wife's salon.

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
  • 1031
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 86.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Samuel to buy shaving machines, surgical spirit, and other utilities required in a barber shop, as well as to buy more grocery supplies to offer for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2011
Listed
May 26, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012