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Miriam
Miriam is a single mother of three. She has been operating a retail shop for six years. She is a young member of Faulu Kenya and has been trained on business management. This has helped her create a positive attitude toward business hence improving her business.


She has requested her first loan of 20000 KES from Faulu Kenya. She plans to use this loan to increase her stock of sugar, maize flour, baking flour, soaps and sodas.


She hopes to grow her business into wholesale in the future. Miriam is determined to open up other business outlets 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
  • 475
    View loans »
    Kenya Loans Fundraising
  • $38,222,800
    Funds lent in using Kiva
  • 77.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Miriam to increase stock of sugar, maize flour, baking flour, soap and sodas.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Apr 2, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010