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Paul
Paul is 53 years old. He is married with seven adult children. For the past six years, he had run a shop and hotel business. Paul is also a farmer. He earns 50,000 KES each month.

Paul is requesting a loan to add more stock such as sugar, milk, rice, soap, and flour to sell and also use in his hotel business. He will use the anticipated profit from his loan to expand his hotel by buying more utensils and chairs. This is his sixth loan with KADET LTD. In future, Paul hopes to install electricity in his home compound.

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
  • 695
    View loans »
    Kenya Loans Fundraising
  • $42,278,875
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Paul to buy sugar, milk, rice, soap, and flour to use in his hotel and sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2013
Listed
Sep 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014