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Esther
Esther is 25 years old and married with a four-year-old daughter named Linet. She runs a salon and beauty shop called Prestige, offering chemical treatments, hairpieces, braids, and weaves. She's been in this business for four years and has three employees. She was previously employed in another beauty shop. She says that her business is active and her clients are loyal. She successfully repaid a previous loan from Faulu for Kes. 35,000 and requested this loan for Kes. 80,000 to buy weaves, braids, a dryer, relaxers, and hair food.

She describes herself as hardworking and honest and says that since she became a member of Faulu she has expanded her business and improved her living standard. In the future, he hopes to build her own home and start a beauty school.

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
  • 640
    View loans »
    Kenya Loans Fundraising
  • $39,170,550
    Funds lent in using Kiva
  • 74.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Esther to buy products for her beauty salon.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2009
Listed
Dec 8, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010