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Nephat
Nephat has been extracting stones from quarries in Naivasha town for the last nine years. He is 39 years old, married to Lydia and they have six school going children.

He was introduced to KADET by one of our field officers and this will be his second loan. He paid his previous loan of 40,000 KES well and in good time. He used the previous loan amount to buy another quarry. He plans to use the loan amount to buy another quarry site and employ casual workers so that he may increase his production.

In future, Nephat hopes to grow and own many quarries.

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
  • 719
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 90.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Nephat to buy another quarry site.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jun 27, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012