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Bibi
Bibi lives in Likoni, Kenya. She is engaged and is 24 years old. Bibi owns a mobile money transfer shop which has been in operation for one year. Besides this, she also runs a book shop and a soft drink outlet. She started the business from an informal saving scheme called ‘merry go round’; a process where individuals contribute same amount and lend it to one person in turn.

She was introduced to Milango by her friends and is applying for a loan of 43,200 Kenya shillings to add to her till float, purchase books and buy more soft drinks.

Bibi’s ambition is to open other outlets and the additional income from this business will help her buy household assets. The challenge has been with the limited float; a problem she hopes will be solved by the loan she has applied for.

About Kenya

  • $1,800
    Average annual income
  • 1174
    View loans »
    Kenya Loans Fundraising
  • $40,482,525
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Bibi to add to her till float, purchase books and buy more soft drinks.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2012
Listed
Jul 8, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013