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Charles
Charles is a 39-year-old charcoal dealer in Majaoni, Mombasa. He is a married man who supports four children and one wife. He has been in this business for the last four years and has done great.

This marks his fourth borrowing from Kenya Agency for Development of Enterprise and Technology (KADET), to finance his business. He will use the requested loan to purchase more sacks of charcoal for resale and the anticipated profit to service his loan and also a motor-bicycle for transportation business.

He hopes to have a successful life 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
  • 624
    View loans »
    Kenya Loans Fundraising
  • $39,149,275
    Funds lent in using Kiva
  • 87.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Charles to purchase more sacks of charcoals for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2013
Listed
Jul 30, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 5, 2015