Funded

Total loan: $1,050
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Michael

Kenya
Kitale, Kenya / Motorcycle Transport

A loan of $1,050 helped to purchase a motorbike.


Michael's story

Michael is 30 years old, and married to Josephine. They have been blessed with three kids of the following ages: 8, 5, and 3 years old. Michael is in a 'boda-boda' (motorcycle taxi) business. He has been in this business for four years, and right now his monthly income from the business is KES 9000.

He is borrowing a loan of KES 90,000. He intends to use the loan to purchase another motorbike. Michael plans to venture into another business with the anticipated profit.This is his third loan from KADET, and he successfully repaid his previous loans.



Loan details

Loan length:

14 months
Disbursed date: June 24, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: June 24, 2013
Facilitated by Field Partner: VisionFund Kenya