Funded

Total loan: $1,050
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Michael Ndungu

Kenya
RUAI NAIROBI, Kenya / Vehicle Repairs

A loan of $1,050 helped to buy motor-vehicle spare-parts for sale to his clients.


Michael Ndungu's story

Michael M. is 57 years old and is married to Elizabeth Jambi who is 45 years old. They have three children, namely Rachel, Ken and Manase.

Michael's primary business is his garage and he has managed the business for the last six years.

Michael was introduced to KADET through other clients and he had not received a loan from another micro-loan organization before. With the loan he has applied for he intends to buy more motor-vehicle spare-parts for resale to his clients.

Michael believes he is hardworking and in future he aspires to own a bigger garage.

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



Loan details

Loan length:

14 months
Disbursed date: August 17, 2009
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 17, 2009
Facilitated by Field Partner: VisionFund Kenya