Funded

Total loan: $950
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James

Kenya
Kapsabet, Kenya / Furniture Making

A loan of $950 helped to purchase timber, block-board, triply, nails, and different types of materials for making furniture.


James's story

James is 32 years old, married, and he supports a family of seven people.

He runs a furniture-making business in Kapsabet town, in Nandi County. This has been his income-generating business for the last 13 years. From this business, he gets an average monthly profit of KES 6,000.

James has borrowed a loan of KES 80,000, this being his fifth loan from Kenya Agency for Development of Enterprise and Technology (KADET). With this loan, he intends to purchase timber, block-board, triply, nails, and different types of materials for making furniture. He anticipates getting profits which he will use to expand his business by increasing the number of models of furniture, to meet his clients' demands.

James' dream is to expand his business to a big and regional furniture-making company.



Loan details

Loan length:

14 months
Disbursed date: May 22, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 22, 2013
Facilitated by Field Partner: VisionFund Kenya