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Magdalene
Magdalene is a 26 year old shopkeeper, and a single mother to one child. Magdalene has been running her general shop for the past three years, earning a monthly income of 10,500 KES, which she uses to meet her own needs and those of her child.

Magdalene is applying for her third loan term with KADET. She will use the loan to stock her shop with sugar, stationery, and utensils.

With the anticipated profit from the business she will start a wholesale shop.

Magdalene hopes and dreams of being a success business person in future.

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
  • 1013
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Magdalene to purchase sugar, stationery, and utensils for her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2013
Listed
Oct 13, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2014