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Margaret
Margaret has run her posho mill shop in Ndunyu Njeru town for the last four years. She is 46 years old, and is a single mother of six children.

Margaret was introduced to KADET LTD by one of her friends. This will be her second loan. She paid her first loan of 50,000 Kenyan shillings (KES) well and in good time.

She is now applying for a second loan, which she will use to buy 15 bags of maize. She will grind the maize into flour over a period of time, and sell the flour in small quantities. In the future, Margaret hopes to open another posho mill as demand for that kind of flour is high.

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
  • 1007
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 90.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Margaret to buy 15 bags of maize for grinding into flour.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 14, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012