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Stephen
Stephen lives in the Kongowea area of Coast Province, Kenya. He is married and the father of one child, and he owns a retail shop that deals in a variety of items, from clothes to household utensils. The shop has been running for nine years, in addition to a transport business. Stephen learned about Milango through a friend, and he joined with the aim of accessing credit to improve his business operations. His main challenge is lack of financing, a problem he sees being partly solved by this loan. Stephen is applying for a loan of 83,500 KES (Kenya shillings) to purchase additional stock, including clothes, shoes, basins and utensils. He believes that the business has improved enough for him to meet the required repayments for the loan.

About Kenya

  • $1,800
    Average annual income
  • 833
    View loans »
    Kenya Loans Fundraising
  • $42,938,250
    Funds lent in using Kiva
  • 84.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Stephen to buy additional stock for his store, including clothes, shoes, basins and utensils.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 7, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 13, 2014