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Nicholas
Nicholas is 49 years old, and married to Peris; they have five children who are in school. He has a clothing business, which he has operated for the past eight years.

He earns a monthly income of shs 30,000, and has applied for his third loan from KADET LTD to enable him buy clothing to sell. He paid his previous loan on time. He plans to use the anticipated profit to buy an additional stock of clothing.

In the near future, Nicholas hopes to apply for another loan from KADET LTD to buy a motorbike.

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
  • 708
    View loans »
    Kenya Loans Fundraising
  • $42,250,025
    Funds lent in using Kiva
  • 86.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nicholas to buy clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 9, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 18, 2014