Funded

Total loan: $1,175
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Peter

Kenya
Matuu, Kenya / General Store

A loan of $1,175 helped to buy stock like sugar, salt, cooking oil, flour and teabags.


Peter's story

Peter is 60 years old. He owns a retail shop in Matuu town, and he has been in this business for the last twelve years. He gets an income of about KES 25,000 every month.

He has a very good credit history with KADET LTD where he is applying for his sixth loan of KES 100,000, with which he plans to boost business by buying stock of sugar, cooking oil, flour, salt and tea bags. He will use the anticipated profit to educate his grandchildren.

He hopes to own a supermarket in Matuu and open a retail shop in Tala.



Loan details

Loan length:

11 months
Disbursed date: January 15, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: January 15, 2013
Facilitated by Field Partner: VisionFund Kenya