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Peter, a 50-year-old father of two, is married to Rosemary, a business lady. For the past two years Peter has been running a spare part shop, earning a monthly income of KES 26,000 which he uses to support his family.

Now applying for his first loan from KADET LTD. after being introduced by an existing KADET customer, he will use it to buy more spare parts for his shop, and with the anticipated profit will educate his children. Peter's hope is to buy a taxi, which will improve the living standard of his family.

Additional Information

About VisionFund Kenya

VisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.

About Kenya

  • $1,800
    Average annual income
  • 576
    View loans »
    Kenya Loans Fundraising
  • $49,852,625
    Funds lent in using Kiva
  • 83.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Peter to buy spare parts for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 2, 2012
Feb 9, 2012
Currency Exchange Loss:
Apr 16, 2014