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Margaret
Margaret A. A. is fifty-two years old. She is widowed and has five children aged ten to twenty-four. Margaret runs a restaurant at a shopping centre in Kakamega, which is known as the sugar belt region for its production of sugarcane. She has been running this business for the last ten years and has managed to provide employment for three people. She says that this business is profitable and the major challenge she faces is the risk of food going bad for lack of refrigeration. However, she works very hard to keep her business doing well.

Maragret is using this loan of KES 70,000 to buy a refrigerator to store her food and keep it fresh longer. She hopes to grow her business into a big hotel at the shopping centre. She also sees herself buying a plot of land in the future and building rental units. She describes herself as a visionary lady.

About Kenya

  • $1,800
    Average annual income
  • 440
    View loans »
    Kenya Loans Fundraising
  • $38,313,825
    Funds lent in using Kiva
  • 84.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Margaret to buy a refrigerator to store her food and keep it fresh longer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 16, 2011