Funded

Total loan: $450
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Martin Karanja

Kenya
Kiserian;Nairobi, Kenya / Motorcycle Transport

A loan of $450 helped to purchase a motorbike.


Martin Karanja's story

Martin is married, and he and his wife are blessed with two children.

Martin was introduced to KADET by a credit officer. He has never borrowed from any other MFI, so this will be his first loan. He has been in the transport business for two years. With the loan, Martin will purchase another motorbike to assist in enlarging his business.

Martin's business is located within the town center, and he operates from Kiserian, just few kilometers from the capital city, where he gets a lot of customers, as many people prefer the motorbike because it's faster.

With the profits, Martin will expand his business to other areas and buy a piece of land on which to build rental homes, thus becoming a landlord, as he believes he is hardworking.



Loan details

Loan length:

8 months
Disbursed date: September 29, 2010
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: September 29, 2010
Facilitated by Field Partner: VisionFund Kenya