Funded

Total loan: $525
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Peter

Kenya
Naivasha, Kenya / Transportation

A loan of $525 helped to service a pickup truck used for transport and freight hauling.


Peter's story

Peter W. is a freight hauler in Naivasha town. He is married to Elizabeth Wambui, who works as a casual laborer at one of the many flower farms in the Naivasha area. Together they have three children who are all still in school.

A friend introduced Peter to KADET. After joining KADET and going through training, Peter received a first loan of about $250 US. With this second loan, he plans to service the pickup truck he is using, buy a new set of tires, and renew the vehicle's insurance cover. In the future, he plans to buy a bigger truck (probably a lorry) which will enable him to better serve clients who need to transport bulky stuff.

About KADET: The Kenya Agency for the Development of Enterprise and Technology (KADET) is committed to economically empowering its clients by providing financial services to rural communities in order to relieve suffering and improve living conditions within those communities.



Loan details

Loan length:

11 months
Disbursed date: July 21, 2009
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: July 21, 2009
Facilitated by Field Partner: VisionFund Kenya