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Charles
Charles Mbogo is a 22-year-old matatu (privately opened minibus) operator in Mshomoroni, Mombasa. He is single and has been operating this business for the past three years. He is doing great. Charles was introduced to Kiva partner KADET and this is his second loan to finance his business. He plans to purchase spare parts for his matatu and use the anticipated profits to buy another vehicle. He plans to own several matatus in the future.

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
  • 654
    View loans »
    Kenya Loans Fundraising
  • $39,170,550
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Charles to purchase spare parts for his matatu.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2011
Listed
Dec 29, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 16, 2013