Funded

Total loan: $700
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Nelly

Kenya
CHEPTERIT, KAPSABET, Kenya / Primary/secondary school costs

A loan of $700 helped to pay school fees.


Nelly's story

Nelly is 37 years old and married. She supports a family of five. Nelly runs a taxi service in Chepterit, Kapsabet and she is served by KADET's Kapsabet office. This has been her income-generating business for the last 10 years and she earns an average monthly profit of KSHS 20,000.

She has borrowed a third loan from Kadet Ltd of KSHS 60,000. She plans to use part of the KSHS 60,000 loan to pay her children's school fees. She anticipates getting profits, which she will use to repay the loan and pay school fees as well as meeting other family needs (i.e purchasing foodstuffs for the family). Her dream is to expand her business in order to generate profits to meet her family's financial needs and educate her children.



Loan details

Loan length:

14 months
Disbursed date: August 21, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 21, 2013
Facilitated by Field Partner: VisionFund Kenya