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Monicah
Monicah is 33 years old and married. She is a hardworking woman who has been operating a beauty shop for three years. She sells cosmetics and clothes to area residents. She wants to take out her first loan of KES 80,000 from Faulu Kenya to increase her stock of clothes and cosmetics. She hopes that this loan will help her to have a well-established business. She sees herself owning a big beauty shop and a boutique in the future.

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
  • 941
    View loans »
    Kenya Loans Fundraising
  • $41,750,050
    Funds lent in using Kiva
  • 76.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Monicah to increase her stock of cosmetics and clothes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
Mar 12, 2010
Currency Exchange Loss:
Possible
Ended:
May 20, 2011