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Esther
Esther is a serious entrepreneur who does tailoring and was previously a hairdresser. She has been in the tailoring business for five years and has employed two people. She has previously taken out two loans from Faulu Kenya, which she used to add stock, thus improving her business. Esther is a single mother of two children who attend school. She says that she hopes to further expand her business so as to improve her family’s living standard. To bring this about, she has requested a loan of Kes. 50,000 to increase her stock of fabric. Her dream is to open other similar businesses.

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
  • 882
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 76.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Esther to increase her stock of fabric.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2010
Listed
Feb 23, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011