Funded

Total loan: $1,050
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Mugeni Ali

Kenya
malindi, Kenya / Dairy

A loan of $1,050 helped purchase a dairy cow, pay school fees, and pay for land preparation.


Mugeni Ali's story

Mugeni Ali is a 43-year-old woman who is married to Julius, an accountant by profession. They have four children. Mugeni’s main business is dairy and vegetable farming; she sells the milk and her farm produce to her customers within Kijiwetanga Malindi. She has been doing this for the last two years and she gets a monthly profit of Kshs 13,000. She also bakes cakes for sale to boost her income.

Mugeni was introduced to Kadet by her current group members, and she has no previous borrowing experience from another institution. With this loan she plans to buy a dairy cow worth Kshs 45,000, pay school fees with Kshs 20,000, and prepare her land with Kshs 15,000.

Mugeni is a very hard-working woman and she hopes to open a hotel and restaurant within Malindi in future.



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: March 31, 2010
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: March 31, 2010
Facilitated by Field Partner: VisionFund Kenya