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Paul
Paul is 38 years old. He is married and the father of five children. He operates a metal shop in Mpeketoni, Lamu town, and he has been in the business for the last six years. He earns a monthly profit of KES 13,800.

Paul was introduced to KADET LTD by a credit officer, and now he is applying for his fifth loan of KES 50,000. He intends to use the loan to add tools and equipment needed for his business. Paul plans to save the anticipated profit and take care of his family while also growing his business.

In future, Paul hopes to grow his metal shop with a view of expanding it into a fully equipped car garage.

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
  • 930
    View loans »
    Kenya Loans Fundraising
  • $41,686,525
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Paul to purchase additional tools needed for his metal shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 12, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014