Funded

Total loan: $950
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Herbert

Kenya
Kangemi, Nairobi, Kenya / General Store

A loan of $950 helped to buy more sugar, maize flour, basins, etc.


Herbert's story

Herbert is a twenty-nine-year-old man; he is single and has no children but supports his parents. He runs a retail shop in Kangemi where he sells things like sugar, soap, maize flour, etc. Herbert has been in the business for five years now and gets a monthly income of forty-five thousand shillings.

This will be Herbert’s first loan with KADET LTD. He plans to use the entire loan to purchase more stock for his retail shop, buying sugar, rice, wheat flour, cooking oil, etc. for resale. With the profit that he will get, he wants to pay school fees for his younger brother. In future he wants to open another retail shop.



Loan details

Loan length:

8 months
Disbursed date: January 17, 2012
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 17, 2012
Facilitated by Field Partner: VisionFund Kenya