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Martin is a 30-year-old businessman who is married to Alice, a businesswoman. They are blessed with one child. He has been selling new clothes for the past eight years, earning a monthly income of KES 10,000, which he uses to support his family. Martin is applying for his second loan with KADET after repaying the previous loan successfully. He will use the loan to expand his stock of new cloths for his shop. With the anticipated profits from the business, Martin will open another clothes shop and improve the living standards of his family.

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
  • 674
    View loans »
    Kenya Loans Fundraising
  • $44,779,550
    Funds lent in using Kiva
  • 84.5
    Kenya Shillings (KES) = $1 USD
A loan of $600 helped Martin to buy new cloths for his shop.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 6, 2012
Jun 9, 2012
Currency Exchange Loss:
Jul 9, 2012