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Kazungu is 38 years old, married, and the father of three children. He operates a tailoring shop in Malindi town and has been in the business for the last two years. He earns a monthly profit of about KES 8,850.

Kanzugu was introduced to KADET LTD by a credit officer, and he is applying for his third loan, in the amount of KES 42,000. Kazungu intends to use the loan to add to his stock of clothing materials in preparation for the oncoming festive season. With his anticipated profits, he will save for future needs and pay his children's school fees. In the future, he hopes to grow his tailoring shop and he intends to open a well-stocked boutique in the area.

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
  • 561
    View loans »
    Kenya Loans Fundraising
  • $49,708,225
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Kazungu to purchase material for his tailoring business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 18, 2012
Dec 23, 2012
Currency Exchange Loss:
Jan 17, 2014