Funded

Total loan: $875
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Margaret Achieng

Kenya
Kayole Nairobi, Kenya / Charcoal Sales

A loan of $875 helped to open a stall and add to her stock of charcoal for sale.


Margaret Achieng's story

Margaret Achieng O. is 43 years old and married. She and her husband Judas have grown children who are working.

Margaret has been selling charcoal in Kayole estate for 2 years now. Her business has great potential because the area where she is located has many possible customers of both middle and low income. She earns a profit of KES 10,000 per month.

She is applying for her third loan of KES 70,000 from KADET LTD, after paying back the previous loans successfully. She plans to use the loan to open a stall and add to her stock of charcoal for sale. With her anticipated profit, she plans to open another location for selling charcoal.

In the future she desires to grow her business and have a very large shop where she can supply charcoal to hotels. Margaret is active and a very hard-working lady. She was introduced to KADET LTD by a friend.



Loan details

Loan length:

15 months
Disbursed date: January 26, 2011
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: January 26, 2011
Facilitated by Field Partner: VisionFund Kenya