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Charo N. is a 43-year-old married man who has seven children. He operates a retail shop in the Sita area situated in Malindi. He normally sells cooking fat, soaps, bread, tea leaves, and other items in his retail shop.

Mr. Charo was introduced to KADET LIMITED by one of the company’s existing clients. He is now taking his second loan, which amounts to Kshs 40,000, and he plans to expand his business with it by buying more stock and repairing the business premise. Charo hopes that, by doing this, the business will grow and he will be able to use the anticipated profit to help support his family.

In the future he hopes to own a flourishing supermarket.

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
  • 611
    View loans »
    Kenya Loans Fundraising
  • $44,775,100
    Funds lent in using Kiva
  • 80.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Charo to sustain and grow his business running a general store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 3, 2010
Dec 1, 2010
Currency Exchange Loss:
Feb 15, 2012