Funded

Total loan: $1,225
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Samuel

Kenya
Kaiboi, Kenya / Higher education costs

A loan of $1,225 helped to pay school fees.


Samuel's story

Samuel is 50 years old, married to Jenipher, and blessed with 7 children between the ages of 10 and 23 years. His spouse, Jenipher, runs her own chemist's, thus adding income to the family. Samuel sells motorcycle spare parts and has been in the business for a period of over 12 years, earning a monthly income of 13,000 KES.

He has requested a loan of 100,000 KES from KADET LTD as his fifth loan. He wishes to use this amount to pay school fees for his daughter who attends Mount Kenya University.

The profits he obtains from his business will be used to repay the loan. He hopes to educate his children to the higher level of education and also to prosper in his business.



Loan details

Loan length:

14 months
Disbursed date: April 19, 2012
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 19, 2012
Facilitated by Field Partner: VisionFund Kenya