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Monica
Monica has owned and run a small medical clinic for the past seven years. A 40-year-old mother of two, Monica has requested her first loan of Ksh. 40,000 in order to buy more medicine. She hopes that this loan will help to raise her income and allow her to pay school fees for her children. One day, Monica wants to improve the living standards of her family and expand her business. Monica describes herself as hardworking and positive.

Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable micro-finance institution that offers savings and credit services to more than 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit Taking Micro-Finance Company, which will enable Faulu to better serve its clients.

Additional Information

About Faulu Kenya

Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.

About Kenya

  • $1,800
    Average annual income
  • 931
    View loans »
    Kenya Loans Fundraising
  • $41,082,975
    Funds lent in using Kiva
  • 75.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Monica add stock of medicine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2009
Listed
Aug 11, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010