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Jacob is a 22 years old business man. He is single and he supports his parents. He has been running a barber shop for the past three years with the monthly income of KES 4,800; which he uses to cater for his basic needs and support his parents when needs arises.

He is applying for his second loan term from KADET LTD after repaying the previous loan successfully. Jacob will use the loan to buy a shaving machine.

He will plough the anticipated profit back into the business. His hopes and dreams are to expand his business and improve his living standards.

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
  • 1033
    View loans »
    Kenya Loans Fundraising
  • $43,108,375
    Funds lent in using Kiva
  • 85.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jacob to buy a shaving machine for his barber shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 9, 2012
Oct 30, 2012
Currency Exchange Loss:
Nov 17, 2013