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Margaret
Margaret is 49 years of age and married to Andrew. They are blessed with four children, aged 25, 20, 17 and 13 years, respectively. She has been selling grocery goods for the past six years and has seen her business grow steadily into a wholesale one. She now earns a monthly income of 40,000 KES (Kenyan shillings) after boosting her stock with the first and second loan that she borrowed previously.

She wishes to boost her business and has requested a third loan of 40,000 KES to aid her to purchase more fruits, vegetables and groundnuts for sale. The profit she earns would contribute toward her purchasing a piece of land and building rental houses. She hopes to see this business expand.

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
  • 727
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Margaret to purchase more fruits, vegetables and groundnuts for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014