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Herbert is a twenty-nine-year-old man; he is single and has no children but supports his parents. He runs a retail shop in Kangemi where he sells things like sugar, soap, maize flour, etc. Herbert has been in the business for five years now and gets a monthly income of forty-five thousand shillings.

This will be Herbert’s first loan with KADET LTD. He plans to use the entire loan to purchase more stock for his retail shop, buying sugar, rice, wheat flour, cooking oil, etc. for resale. With the profit that he will get, he wants to pay school fees for his younger brother. In future he wants to open another retail shop.

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
  • 708
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Herbert to buy more sugar, maize flour, basins, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 17, 2012
Jan 21, 2012
Currency Exchange Loss:
Aug 16, 2012