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Paul
Paul is a businessman who is 50 years old and married to Kayui, who is a housewife. They are blessed with four children ages 18, 16, 14, and 10 years, respectively. He has been selling new shoes for the past 6 years and earns a monthly income of 30,000 KES, which he uses to support his family members.

He is applying for his sixth loan with KADET after successfully repaying the previous loans. Paul will use the loan to purchase more new shoes as stock for his business. He plans to use the anticipated profit to educate his children up to university level.

His future dreams are to have a wholesale shop for new shoes and own a piece of land where he can build a house.

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
  • 975
    View loans »
    Kenya Loans Fundraising
  • $41,774,625
    Funds lent in using Kiva
  • 91.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Paul to purchase more new shoes for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2011
Listed
Jun 23, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012