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Hilum Gachanja

Update on Hilum Gachanja

Hirum has been running a general shop and still sells charcoal besides and the business is doing well with a monthly income of KES 40,000. He has a good credit history and is now servicing his third Loan of KES. 80,000 with KADET LTD.

He intends to purchase charcoal and buy sugar and wheat flour for sale in the shop. He will use his anticipated profits to expand the business. He hopes to one day start a wholesale shop.

Previous Loan Details

Hilum Gachanja, 39, is married to Ruth, and together they have three children. He runs a shop as his primary business, which he has operated for a period of four years. Hilum also sells charcoal as his secondary business. He was introduced to KADET LTD by an existing KADET client. His shop is ... More from Hilum Gachanja's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kenya

  • $1,800
    Average annual income
  • 459
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Hilum Gachanja to buy 20 bags of charcoal to increase his stock, and buy sugar and wheat flour.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 9, 2012
Nov 26, 2012
Currency Exchange Loss:
Jan 18, 2014
This photo was used before for a previous loan for Hilum Gachanja. It was first posted on Kiva on Nov, 2010. Learn More