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Saumu
Saumu L. is the 37-year-old single mother of two children. She lives in the Majaoni area of Mombasa. Saumu does retail sales of charcoal and firewood in an area called Mkoroshoni and has been in the business for the last two years. It has been a paying business for her.


Saumu was introduced to KADET by an existing client and she is glad to begin her first loan. With the money, she intends to purchase firewood stock and also to purchase charcoal for reselling. She mainly serves the households in the Mkoroshoni area.


She hopes to start selling supplies in bulk to retailers in the area and the surrounding community.

Additional Information

About VisionFund Kenya

VisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.

About Kenya

  • $1,800
    Average annual income
  • 961
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 76.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Saumu to purchase firewood stock for charcoal production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2010
Listed
Feb 11, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2010