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Margaret  Achieng
Margaret Achieng O. is 43 years old and married. She and her husband Judas have grown children who are working.

Margaret has been selling charcoal in Kayole estate for 2 years now. Her business has great potential because the area where she is located has many possible customers of both middle and low income. She earns a profit of KES 10,000 per month.

She is applying for her third loan of KES 70,000 from KADET LTD, after paying back the previous loans successfully. She plans to use the loan to open a stall and add to her stock of charcoal for sale. With her anticipated profit, she plans to open another location for selling charcoal.

In the future she desires to grow her business and have a very large shop where she can supply charcoal to hotels. Margaret is active and a very hard-working lady. She was introduced to KADET LTD by a friend.

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
  • 706
    View loans »
    Kenya Loans Fundraising
  • $42,250,025
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped Margaret Achieng to open a stall and add to her stock of charcoal for sale.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012