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Nelson
Nelson is a 29-year-old businessman. He runs a computer services business, offering typesetting, photocopying, booking binding and internet services. He has been in this business for the past three years and has an income of KES 25,000 monthly. Nelson is applying for his first loan from KADET LTD after being introduced by a KADET staff member. He intends to use the loan to buy photocopying machines and refurbished computers. He will plough the anticipated profits back into the business. He hopes to have a stable business and that he will be able to open new branches.

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
  • 887
    View loans »
    Kenya Loans Fundraising
  • $41,662,150
    Funds lent in using Kiva
  • 85.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nelson to buy photocopying machines and refurbished computers for his computer services business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 6, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2014