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Evageline
Evageline is a single woman. She has three children with ages ranging from 23 years to 30 years. She describes herself to be courageous, a go-getter, and focused. She operates rental houses where she provides housing accomodation. She has been in this business for 30 years. Her business is located within a strategically placed town.

Also, Evageline does farming where she sells vegetables to increase her income in order to support her family, as she is the sole provider. She describes her biggest business challenge to be a delay of payments from the tenants. She will use the KES 100,000 loan to pay for the renovation of the houses. This is the second loan she is requesting. The first one was in the amount of KES 100,000, which she managed to pay well. Her business goal is to construct more rental houses for increasing accommodation for her customers within five years. She hopes that in the future, she will construct a full home compound for her family.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kenya

  • $1,800
    Average annual income
  • 992
    View loans »
    Kenya Loans Fundraising
  • $40,863,875
    Funds lent in using Kiva
  • 84.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Evageline to pay for the renovation of the rental houses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
May 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013