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Margaret
Margaret is 37 years old from Nakuru. She is married to Paul who produces additional income to the family, and they are blessed with three children aged 9, 9 and 7 years old.

She owns a cosmetic and M-pesa shop, a business she has been running for the last three years. Margaret has applied for her first loan of Kshs. 20,000 to be used for buying cosmetics to sell to her customers.

Her monthly income right now is Kshs. 18,000 and she intends to use profits anticipated from her expanded business to educate her children, pay back her loan to Kadet Ltd and to expand her business further.

She has hopes and dreams of opening a very big cosmetic shop in the 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
  • 1007
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 85.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Margaret to add more stocks of cosmetics so as to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014