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Magdalene
Magdalene is a 45-year-old business lady who is divorced with four children. For the past ten years, her primary business has been mixed-crop farming, and selling second hand clothes has been her secondary business. She earns a monthly income of 15,000 KES, which she uses to support her family.

Magdalene is applying for her first loan from KADET LTD after being introduced to the program by a KADET staff member. Magdalene will use the loan to buy seedlings, fertilizer, and more stock of clothes.

With the anticipated profit from the business she will educate her children. Her hopes and dreams are to expand her clothing business and to export her farm produce.

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
  • 1182
    View loans »
    Kenya Loans Fundraising
  • $40,475,500
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Magdalene to buy seedlings, fertilizer, and more stock of clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Possible
Ended:
May 18, 2013