Funded

Total loan: $425
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John

Kenya
malindi, Kenya / Motorcycle Transport

A loan of $425 helped to repair, service, and buy a new pair of wheels for his motorcycle.


John's story

John is 34 years old, married, and a father of one child. For the past five years, he has earned a living by offering point-to-point transport services in Malindi town, from which he earns a monthly profit of about KES 6,050. He was introduced to KADET LTD by a credit officer and is applying for his second loan, in the amount of KES 35,000. He is going to use a portion of the loan to service and repair his motorbike and use the remaining amount to purchase a pair of new wheels for his motorcycle. He will use the profits to pay school fees for his child, invest back into his business, and continue looking after his family. His goal for the future is to continue growing his business so that he can improve his financial stability.



Loan details

Loan length:

14 months
Disbursed date: June 19, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 19, 2013
Facilitated by Field Partner: VisionFund Kenya