A loan of $925 helped opening a retail shop worth 30,000 KES; adding fish stock worth 10,000 KES; and purchasing a deep freezer for storing his fish worth 30,000 KES.


Peter Ngige's story

Peter is 34 year old and married to Lucy Wangeni. They have two children: Paul is 12 years old and Magdaline is 10 years old.



Peter, who is on his second loan, was introduced to KADET by his sister, who was also a client. Peter has been selling fish for three years. His business is located in Malindi's old town market where his target-customers are the towns’ residents. Peter also does watch repairs as a secondary business. He is able to earn a monthly profit of 8,000 KES from this business. Peter hopes to put the profits he earns from this loan toward buying a piece of land.



He describes himself as very hardworking and ambitious, and he hopes to own a good house and promising businesses.



Loan details


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Loan details