Funded

Total loan: $125
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Charles

Kenya
Nanyuki, Kenya / Farming

A loan of $125 helped to buy tea tree seedlings.


Charles's story

Charles lives in Nanyuki area of Central province, Kenya. He is married and has three children. He owns a tea tree farm, a business he has been operating for one year now. Besides this, he has been a horticultural farmer, planting potatoes, maize, beans and for ten years. The oil from the tea tree plant is used to manufacture cosmetics.

He learned about Milango through a friend who invited him to join the group, and he joined with an aim of accessing credit to improve on his business operations. His main challenges are lack of funds and water.

Charles is applying for a loan of 10,734 Kenya shillings to buy tea tree seedlings. His extra income will be added to his savings to improve the living standards of his family. He aspires to expand the area under tea tree cultivation.



Loan details

Loan length:

32 months
Repayment schedule: Irregularly
Disbursed date: January 23, 2013
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams



Loan details

Loan length:

32 months
Repayment schedule: Irregularly
Disbursed date: January 23, 2013
Facilitated by Field Partner: Milango Financial Services