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Magrate
Magrate is a 41-year-old mother. She supports a family of six people. She is married and was blessed with five children, two of whom are over 18 years old, and the last three are 12, 6, and 4 years old.

Magrate operates a dairy farming business. She has been doing this for the last two years and makes a monthly income of KES 30,000.

She is applying for her third loan with KADET LTD, which she will use to purchase more dairy cows for milk production. She will use the anticipated profit to plough back into the business.

Magrate has a dream of becoming the most successful farmer in her region, since where she comes from is a marginalized area.

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
  • 612
    View loans »
    Kenya Loans Fundraising
  • $39,851,750
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Magrate to purchase dairy cows to rear for milk production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Mar 26, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014