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Alice
Alice is a 35-year-old married mother of three children. She sells household items like basins, thermos flasks, kitchen trays, trolleys, plates, cups, knives, and spoons, among other products, in her stall. She has been in this business for three years. Alice earns extra income by supplying food, such as maize, to schools and hospitals.

She is requesting for a loan of Kes. 45,000 to add more maize, utensils and shoes to her inventory. She says that her business has grown since joining Faulu, and she hopes to expand her business further and acquire land. She describes herself as hardworking, innovative and informed.

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
  • 471
    View loans »
    Kenya Loans Fundraising
  • $38,222,800
    Funds lent in using Kiva
  • 74.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Alice buy products for her inventory.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2009
Listed
Nov 11, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011