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Samuel
Samuel is 28 years old and married to Jane.

He has been running his cereals shop business for the past eight years. He earns a monthly income of about KES 40,000 that he uses to take care of his family and pump back into the business.

He has been loaned KES 30,000 by KADET Ltd. He intends to use the loan to purchase more stock such as wheat flour, rice, maize, beans and peas in bulk.

He plans to use the anticipated profit to open another cereals shop.

In the future, he hopes to open a mill.

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
  • 940
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 90.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Samuel to purchase more stock such as wheat flour, rice, maize, beans and peas in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2012