Total loan: $250


Mariakani, Kilifi County, Kenya / Retail

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A loan helped to build a business premises.

Margaret's story

Margaret is a resident of the Mariakani area of Coast province in Kenya. She is a married business lady. Margaret owns a retail shop, a business that she has been running for three years. In this shop, she sells paraffin, sugar, flour, etc. Margaret has two children. She learned about Milango from other clients and joined the institution with an aim of accessing credit to improve the operations of her business. The main challenge is high competition from other retail and wholesale shops, but, she believes she can make more sales from increased levels of stock. She aspires to own a wholesale shop in future. Margaret is applying for a loan of 21,050 Kenya shillings to build a business premises. The extra income from the loan will be added to her savings to improve her family's living standard. She aspires to own other centers and plan for her children’s education with much security.