Funded

Total loan: $1,150
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Julius

Kenya
Olkalou, Kenya / Quarrying

A loan of $1,150 helped to buy a machine for making fibre in the Jua Kali industry.


Julius's story

Julius is 51 years old from Olkalou. He is married to Macherina, who is a farmer, and they have 3 children aged 27, 24 and 21 years old.

He is in the business of quarrying which he has been running for the past 15 years, and he has applied for a fifth loan of Kshs 100,000 from Kadet Ltd which he plans to use for buying a machine for making fibre in the Jua Kali industry (manufacturing sector).

Julius' income at present is about Kshs 30,000 and his hopes and dreams for the future are to buy a shamba (piece of land) and to educate his children.



Loan details

Loan length:

14 months
Disbursed date: August 15, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 15, 2013
Facilitated by Field Partner: VisionFund Kenya