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Margaret
Margaret, a married mother of one, lives in Changamwe, Kenya. She owns a salon which she started with her personal savings. The business has been in operation for the last one year.
She is applying for a loan of Ksh 30,000 to purchase hair pieces, weaves and cosmetics for her business.
Margaret looks forward to owning other salons in future. The main challenge she faces is that some customers like to obtain services on credit and take long to pay.
She will use the extra income to open other businesses.

About Kenya

  • $1,800
    Average annual income
  • 914
    View loans »
    Kenya Loans Fundraising
  • $41,162,700
    Funds lent in using Kiva
  • 89.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Margaret to purchase hair pieces, weaves and cosmetics for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Dec 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012