Funded

Total loan: $600
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Magdalene

Kenya
Thika, Kenya / General Store

A loan of $600 helped to purchase sugar, stationery, and utensils for her shop.


Magdalene's story

Magdalene is a 26 year old shopkeeper, and a single mother to one child. Magdalene has been running her general shop for the past three years, earning a monthly income of 10,500 KES, which she uses to meet her own needs and those of her child.

Magdalene is applying for her third loan term with KADET. She will use the loan to stock her shop with sugar, stationery, and utensils.

With the anticipated profit from the business she will start a wholesale shop.

Magdalene hopes and dreams of being a success business person in future.



Loan details

Loan length:

14 months
Disbursed date: September 23, 2013
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 23, 2013
Facilitated by Field Partner: VisionFund Kenya