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Stephen
Stephen, a 38-year-old married father of five from Thika, supports his family by operating a retail shop. His biggest challenge is insufficient income to keep the store well stocked. Because of this, he has been unable to attract more customers and expand the business. He needs to make his shop more profitable so he can improve living conditions for his family.

He earns a monthly income of KES 8,000 which he uses to support his family. A loan from KADET LTD will allow Stephen to purchase washing detergents, cooking oil, salt and sugar for his store. With the additional income he will earn from the sale of these products, he plans to reinvest in the business. He wants to be able to continue to support the education of his five children through college.

In the future, he hopes to expand his business to become a larger wholesale store.

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
  • 849
    View loans »
    Kenya Loans Fundraising
  • $40,317,850
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Stephen to purchase washing detergents, cooking oil, salt and sugar.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014