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Richard
Richard is a 62 year old carpenter in Mariakani. He is a married father of eight. He has been doing carpentry for the past thirteen years with great success.

This marks Richard's fourth borrowing from KADET LTD to finance his business. He plans to purchase nails, timber and a jack plane. He will use the anticipated profits to pay for his children’s school fees and to repay his loan. He hopes to have a well established carpentry business.

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
  • 848
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 85.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Richard to purchase nails, timber and a jack plane.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013