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Mwangi Mugo
Mwangi is 47 years old, a businessman and a farmer. He is married to Susan, who manages their retail shop. They have two children.

Mwangi has been running a retail shop and farming for the past three years. His monthly income is approximately $215, which he uses to support his family. With the loan he plans to add stock to his store, including cooking fat, wheat flour and milk, and to buy farm supplies such as fertilizer.

With the anticipated profit from their businesses he intends to construct rental houses and to expand his farming and the retail shop.

Mwangi has never borrowed from any MFI (micro-finance institution) before. He was introduced to KADET LTD through a KADET credit officer, and this is his first loan. His hopes and dreams are to own a wholesale shop, educate his children and enable them to achieve their dreams in life.

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
  • 719
    View loans »
    Kenya Loans Fundraising
  • $42,279,525
    Funds lent in using Kiva
  • 80.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mwangi Mugo to add stock e.g cooking fat,wheat flour and farm input.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Nov 16, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011