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Alex is a 22-year-old businessman. He is a single man, but supports his family. He has been running an electronics shop for the past 2 years, with a monthly income of 5,160 KES which he uses to cater for his basic needs.

He is applying for his first loan with KADET LTD after being introduced by a KADET staff member. Alex will use the loan to purchase more stock of electronics. With the anticipated profit from the business, he will educate his children. His hopes and dreams are to buy a piece of land and build rental houses.

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
  • 535
    View loans »
    Kenya Loans Fundraising
  • $49,761,875
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Alex to purchase more stock of electronics.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 6, 2012
Oct 7, 2012
Currency Exchange Loss:
Apr 17, 2013