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Magumu Smart Angels Group
In this Group: Mary Wambui, Elizabeth , Grace , Susan , Salome , Lucy *, Anne , Esther , Lucy
* not pictured
Magumu Smart Angels is a group of women venturing into entrepreneurship. They have been VEP members since last year and have each benefitted from a number of loans for self development. All of them are mothers with school-age children and their concern is financial security to ensure quality education for their children.
They live in Kiambu County in central Kenya, and their core business has been the sale of secondhand clothing at a local market.

Currently, they would like to expand their business by venturing into green energy products, specifically energy saving Jikos, that are beneficial to the environment and also income generating. Through their network at the grassroots level, they can reach many women and create more awareness about the usage of efficient cookstoves. They will also be able to transform their environment by reducing deforestation.

VEP has advanced them a loan to purchase 20 Firewood Jikos each, totalling to 180 Jikos. Each Jiko costs about $32 US and will be sold at $39 making a profit of about $8 per Jiko. With this profit and income from the clothing business, the ladies can be self employed and financially stable. Their income will be used to repay the loan and some profits will be ploughed back into the business to ensure sustainability.

Their dream is be the central point of sale for renewable energy in their region, and they hope to incorporate solars into their business in future.

Additional Information

More information about this loan

About Visionary Empowerment Programme

Visionary Empowerment Programme (VEP) is a nonprofit organization that empowers people to build their own enterprises through microfinance, training and other development services. In addition to providing loans to groups of borrowers, it works with established organizations to encourage installation of biogas digesters, solar energy products, clean cooking stoves and other technologies that reduce costs, poverty and greenhouse gas emissions.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.


About Kenya

  • $1,800
    Average annual income
  • 788
    View loans »
    Kenya Loans Fundraising
  • $43,847,375
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A portion of Magumu Smart Angels Group's $5,825 loan helped a member to purchase energy saving Jikos for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 30, 2013
Jun 5, 2013
Currency Exchange Loss:
Jun 17, 2014