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Charles
Charles is a hard-working gentleman aged 32 years. He is married to Emily, a business lady, and is a father of three. He learned about KADET LTD from one of his regular clients who is already a registered member.

Charles run a motorcycle transport business for the last one and a half years, earning a monthy income of KES 25,000. He has been advanced a second loan of KES 60,000, which he will add to his savings to purchase another motorcycle and hire a staff so to assist him to serve a wider network of clientele.

Charles plans to use the increased proceeds to expand his transport business. His hope and dream is to own a fleet of cabs.

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
  • 747
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Charles buy a motorcycle to expand his business.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 25, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013