Funded

Total loan: $850
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Saumu

Kenya
Bamburi, Mombasa, Kenya / Charcoal Sales

A loan of $850 helped to purchase more sacks of charcoal and repair her motorcycles.


Saumu's story

Saumu is a 55-year-old charcoal dealer in Bamburi, Mombasa. She also owns a motorcycle, which operates as a boda boda, to supplement her income.

Saumu is a widow and has been operating her business for the past four years. She is doing great. This is her third loan to finance her business since she was introduced to Kiva partner KADET. She plans to buy more sacks of charcoal for sale and repair her motorcycles. She will use the anticipated profit to expand her business and she hopes to buy a car.



Loan details

Loan length:

14 months
Disbursed date: December 16, 2011
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 16, 2011
Facilitated by Field Partner: VisionFund Kenya