Funded

Total loan: $575
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Paul

Kenya
Mpeketoni, Lamu, Kenya / Metal Shop

A loan of $575 helped to purchase additional tools needed for his metal shop.


Paul's story

Paul is 38 years old. He is married and the father of five children. He operates a metal shop in Mpeketoni, Lamu town, and he has been in the business for the last six years. He earns a monthly profit of KES 13,800.

Paul was introduced to KADET LTD by a credit officer, and now he is applying for his fifth loan of KES 50,000. He intends to use the loan to add tools and equipment needed for his business. Paul plans to save the anticipated profit and take care of his family while also growing his business.

In future, Paul hopes to grow his metal shop with a view of expanding it into a fully equipped car garage.



Loan details

Loan length:

8 months
Disbursed date: August 27, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 27, 2013
Facilitated by Field Partner: VisionFund Kenya