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Charles Ngugi
Charles Ngugi K. has operated a motorcycle business in Naivasha town for the last five years. He is 38 years old and is married to Mary Wambui. They have four children.

He was introduced to KADET by his friend, and this will be his third loan. He has repaid all his previous loans well and in good time. He plans to use the loan amount to open a retail shop to be run by his wife.

In the future, Charles hopes to buy his own taxi and operate it in Naivasha town.

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
  • 985
    View loans »
    Kenya Loans Fundraising
  • $43,091,150
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Charles Ngugi to open a retail shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2011
Listed
Apr 12, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012