Funded

Total loan: $375
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Jacob

Kenya
Kitengela;Nairobi, Kenya / Motorcycle Transport

A loan of $375 helped to buy another motorbike.


Jacob's story

Jacob S. A. is 29 years old, married to Evalyne, and they are blessed with two children who are still young. He has been in the transport industry for the past year and earns a profit margin of KES.15,500 monthly.

Jacob, who was introduced to KADET LTD by a credit officer, is requesting his first loan with which he plans to buy another motorbike for the business. He will use the anticipated extra profits to repay the loan and save money to buy more motorbikes. A very hardworking and focussed businessman, Jacob desires to grow his business and have a fleet of motorcycles operating on different routes in Kitengela and along the Athi River.



Loan details

Loan length:

8 months
Disbursed date: March 22, 2011
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 22, 2011
Facilitated by Field Partner: VisionFund Kenya