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Michael
Michael has a barber shop in Kangundo town. He has been in the business for nine years. He is 40 years old and married with four children.

This will be Michael's fourth loan term with KADET Ltd., and he plans to use the money to buy more shaving equipment for use in his business. This will include shaving machines, towels, a wall mirror, oil and more hair brushes. He will use the generated income to pay for the education of his children. He hopes to expand his business by employing more people to help him in his barber shop and, thereby, serve more customers. He will be able to make more income and provide for the needs of his family.

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
  • 961
    View loans »
    Kenya Loans Fundraising
  • $40,863,900
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Michael to buy more shaving machines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014