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Simon
Simon is 35 years old, married to Ruth, and blessed with two children. He designs and makes clothing in the Kasarani area. He has been in this business for the past 10 years and earns an income of KES 70,000 per month.

He has a good credit history with KADET LTD. Now, he is applying for his third loan from KADET LTD, in the amount of KES 80,000. He plans to use the loan to buy new machines and add to his stock of materials for making clothes. He will use the anticipated profit to re-invest in this business.

He hopes to expand, and to invest in new business opportunities.

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
  • 353
    View loans »
    Kenya Loans Fundraising
  • $38,092,825
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Simon to expand his business, by purchasing new machines and materials for making clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Jan 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014