Funded

Total loan: $175
Powered by 7 lenders

Mngumi

Kenya
malindi, Kenya / Motorcycle Transport

A loan of $175 helped to service his motorbike.


Mngumi's story

Mngumi is 27 years old, male and married. He has two children 7 and 4 years old whom he supports. Mngumi runs a 'boda boda' (motorbike) business which he has run for three years now and operates it within Malindi. He earns a monthly income of Ksh. 5000. He was introduced to KADET Ltd by a Kadet staff member and he is taking out a first loan from Kadet of Ksh.15,000 which he intends to use to service his motorbike.

Mngumi.will use the anticipated profit to buy another motorbike thus expanding his business. His hopes and dreams for his future business are for it to expand and also to make sure his children get a better education and live well.



Loan details

Loan length:

8 months
Disbursed date: September 23, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: September 23, 2013
Facilitated by Field Partner: VisionFund Kenya