A loan of $1,000 helped to buy a motorbike for transporting his charcoal stock.

Eric's story

Eric is a 26-year-old young man who was orphaned as a child and raised by his grandmother. He is now married and has a five-year old daughter.

Eric has been running a charcoal business for the last three and a half years after getting capital to start his business from his uncle. He was then introduced to KADET by an existing member after wanting to get more funds to expand his business. This is Eric's first loan through KADET and he wants to use it to purchase a motorbike to help with transporting the charcoal and maize (that he does on the side). Eric hopes to use the extra profit generated as a result of this loan to acquire an additional piece of land and educate his daughter.

His future hope is to eventually be able to uplift the living standard of his family.

About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower its clients by providing financial services to improve the living conditions of micro-entrepreneurs and their children across Kenya. KADET is the microfinance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: www.kadet.co.ke

Loan details

Lenders and lending teams

Loan details