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Ndungu
Ndungu is 41 years old and has a knitting and sewing business in Kangundo town. He makes sweaters, table mats and chair cushions. He is married and has two children. He has been in this business for 14 years and it has been profitable. Besides this, he also has a vehicle with which he has a transport business.

This is his first loan term and he plans to use the loan to buy knitting materials for knitting sweaters. These include different varieties of wool and threads. He anticipates making more income from selling sweaters and he will use the generated profits to buy more material.

Ndungu hopes to grow his business, buy another vehicle for transport business and also give his children a good 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.

About Kenya

  • $1,800
    Average annual income
  • 612
    View loans »
    Kenya Loans Fundraising
  • $39,149,275
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Ndungu to buy knitting materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 12, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014