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Margaret
Margaret lives in the Mombasa area of Coast Province, Kenya. She is married and has two school-going children. She owns a grocery shop, a business which has been running for eight years. In the business, she sells foodstuffs, household goods, etc.

She learnt about Milango through friends who invited her to the group and she joined with the aim of accessing credit to improve her business operations. Her main challenges are inflation and bad debts.

Margaret is applying for a loan of 64,500 Kenya shillings to buy grocery stock, e.g., maize, beans, rice and cooking fat. The extra income from the loan will be added to her savings to improve the living standard of her family and pay school fees for her children. She aspires to open a mini wholesale business.

About Kenya

  • $1,800
    Average annual income
  • 809
    View loans »
    Kenya Loans Fundraising
  • $42,367,725
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Margaret to buy grocery stock, e.g., maize, beans, rice and cooking fat.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Mar 9, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014