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Nickson
Nickson is a 30-year-old businessman in Mwingi. He is married to Rosyline, and they are blessed with one child, aged three. He runs a business of selling assorted goods. He currently lacks enough funds needed to purchase enough goods to serve his ever-growing customer base.

Nickson is requesting his first loan from KADET LTD. With a loan through KADET LTD, Nickson will be able to purchase more wrist watches, radios, cups, jugs and thermos flasks for resale at a profit. The additional income created will allow him to expand his business to include a boutique and purchase a photocopier machine.

In the future, Nickson would like to have children and start investing in his child’s education, and finance his spouse to pursue a degree in nursing.

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
  • 663
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Nickson to purchase more wrist watches, radios, cups, jugs and thermos flasks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 9, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2014