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Chelule
Chelule is a 33-year-old, married man. He is married to Norah. They have children between the ages of six and twelve years old.



To earn a living, he buys sand from a mining firm and sells it to construction workers. He explains that he has been in this line of business for the last ten years, and that his business operations typically earn him a monthly income of approximately 26,000 KES.



He is requesting a loan in the amount of 20,000 KES, which he would use to acquire a donkey cart to more easily transport the sand. He plans on saving any additional income he generates as a result of the loan. Chelule's dream is to expand his business into a highly profitable venture and to thereby improve his family's living standards.

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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 1004
    View loans »
    Kenya Loans Fundraising
  • $40,863,900
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Chelule to purchase equipment to more easily transport sand.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 27, 2014