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Samuel
Samuel is a 28-year-old gentleman, married to Teresa. He is the father of two children, ages four and two years. He operates a food stall in the Lower side of Narok town, in a densely-populated, informal settllement area. He learned about KADET from some of his regular customers.

He has been issued a third loan, in the amount of KES 60,000, after having successfully repaid the previous ones. He will use the funds to purchase a tent, so as to cover the outer space of his stall, especially in this cold season. This will allow him to accomondate more customers at the same time, thus earning more income.

Samuel will plough back the profits into the business, for further expansion. His dreams are to build rental houses, and to educate his children to high levels of education.

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.

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About Kenya

  • $1,800
    Average annual income
  • 444
    View loans »
    Kenya Loans Fundraising
  • $38,313,825
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Samuel to purchase a tent to enlarge his food stall.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2013
Listed
Aug 28, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014