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Samuel
Samuel is a 28-year-old businessman. He is married to Monica who is a mixed crop farmer, and their marriage is blessed with two children, ages five and two. Samuel has been running a retail shop as his primary business and a barber shop as his secondary business, but he also gets support from his wife’s mixed crop farming business. From these combined businesses the family is able to raise a monthly income of about KES 60,000, which is used to support the family.

He is applying for his second loan term with KADET after repaying the previous loan successfully. Samuel will use the loan to buy sugar, tea leaves, bar soaps and cooking fat for his retail shop, and some of the money will be used in preparing his land for farming. With the anticipated profit from his businesses he intends to start a wholesale shop.

Samuel hopes to buy a big piece of land for large scale farming.

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
  • 913
    View loans »
    Kenya Loans Fundraising
  • $41,691,075
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Samuel to buy sugar, tea leaves, bar soaps and cooking fat, and for preparing his farmland.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014