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Charles
Charles is 33 years old. He is married and has been blessed with two school-going children.

Charles operates a retail shop which sells cycle spares within Katito town. He has been doing this business for the last five years. He comfortably makes a monthly income of 12,000 Kenyan shillings. He is taking out his third loan with KADET Ltd, which he will use to increase the value of his stock by purchasing more spare parts. He will use the anticipated profit to grow his business into a wholesale. His dream is to become a well known spare parts dealers in Katito region so that he will become a well known businessman.

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
  • 972
    View loans »
    Kenya Loans Fundraising
  • $41,061,950
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Charles to buy more spare parts for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014