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Catherine
Catherine is 33 years old and married with two school-aged children: a son and a daughter. She runs a salon in Nairobi called Care Salon. She's been in business for six years and employs one person. She also sells second-hand clothes for extra income. She describes herself as vision-minded and hard-working and says that in Faulu she has learned new business management skills.

Catherine requested this loan for Kes. 60,000 from Faulu to add stock to her salon. In the future, she would like to open a second-hand clothing shop in another location.

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
  • 631
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 74.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Catherine to add stock to her beauty salon.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2009
Listed
Dec 27, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010