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Magdalene is a 33-year-old a business lady. She is married to Richard, a business man. They are blessed with one child. She has been running a boutique as a primary business and a barber shop as a secondary business for the past four years, with a monthly income of KES 10,500. which she uses to support her family.

Magdalene is applying for her first loan term from KADET LTD after being introduced by an existing KADET customer. She will use the loan to buy new clothes and a shaving machine.

With the anticipated profit from the two businesses, she will educate her child. Her hopes and dreams are to open a beauty salon together with the barber shop, which will help her increase the living standard of her family.

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
  • 510
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 82.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Magdaline buy new clothes and a shaving machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 3, 2012
Feb 10, 2012
Currency Exchange Loss:
Sep 19, 2012