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Saumu
Saumu is a 55-year-old charcoal dealer in Bamburi, Mombasa. She also owns a motorcycle, which operates as a boda boda, to supplement her income.

Saumu is a widow and has been operating her business for the past four years. She is doing great. This is her third loan to finance her business since she was introduced to Kiva partner KADET. She plans to buy more sacks of charcoal for sale and repair her motorcycles. She will use the anticipated profit to expand her business and she hopes to buy a car.

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
  • 882
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Saumu to purchase more sacks of charcoal and repair her motorcycles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 16, 2013