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Margaret
Margaret runs a mobile money transfer business (M-PESA) in the town of Kangundo, Kenya. She is 37 years old and married with two children. She sells phone credit cards. She has been in the business for two years and it has been profitable. In addition, she is also a farmer.

This being her first loan term with KADET Ltd, Margaret plans to use the loan amount to increase the float money supply for her mobile money transfer business. She will use the generated profits to educate her children and buy more cows.

Margaret's future hopes and dreams are to start a wholesale business, educate her children and also further her studies to a masters level.

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
  • 615
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Margaret to support her mobile money transfer business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2013
Listed
Sep 12, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014