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Gabriel
Gabriel is a 28-year-old, hard-working gentleman, married to a salonist. He is a father of a six-month-old baby.

Gabriel operates a mobile phone shop that deals with the sale of accessories, as well as money transfer services. He earns a monthly income of KES 25,000.

Gabriel learned about Kenya Agency for Development of Enterprise and Technology (KADET) from his wife's client, who is registered and is being funded by KADET.

Gabriel has acquired his first loan of KES 70,000 which will facilitate the purchase of mobile phone accessories as well increase the float amount for the money transfer service.

The proceeds will be reinvested for the expansion of the business. Gabriel's dream is to open several phone shops in Narok town.

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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 990
    View loans »
    Kenya Loans Fundraising
  • $40,863,900
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Gabriel to purchase mobile phone accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014