Funded

Total loan: $475
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Nickson

Kenya
Mwingi, Kenya / Retail

A loan of $475 helped to purchase more wrist watches, radios, cups, jugs and thermos flasks.


Nickson's story

Nickson is a 30-year-old businessman in Mwingi. He is married to Rosyline, and they are blessed with one child, aged three. He runs a business of selling assorted goods. He currently lacks enough funds needed to purchase enough goods to serve his ever-growing customer base.

Nickson is requesting his first loan from KADET LTD. With a loan through KADET LTD, Nickson will be able to purchase more wrist watches, radios, cups, jugs and thermos flasks for resale at a profit. The additional income created will allow him to expand his business to include a boutique and purchase a photocopier machine.

In the future, Nickson would like to have children and start investing in his child’s education, and finance his spouse to pursue a degree in nursing.



Loan details

Loan length:

8 months
Disbursed date: October 25, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 25, 2013
Facilitated by Field Partner: VisionFund Kenya