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Margaret
Margaret is a resident of Malindi, in Kenya. She owns rental houses and has been in this business for the past three years. Margaret is married and has three school-going children.

Margaret was introduced to Milango by her friends, and she joined to access credit for business operations. She is applying for a loan of 41,900 Kenyan shillings, to complete the construction of one of her rental houses, and to buy cement and paint to renovate her other houses. The challenge in the current business has been delays by tenants in paying their rent.

The additional income from investing the loan in her business, will help her continue paying the required school fees for her children.

About Kenya

  • $1,800
    Average annual income
  • 449
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Margaret to complete the construction of one of her rental houses, and to buy cement and paint to renovate her other houses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 19, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013