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Teresia
Teresia is 47 years old and is married with three children who go to school.

Teresia runs a cafeteria to earn a living. She has been in the business for ten years and has one employee. Her customers are mostly area residents and commuters. She was previously distributing eggs in Nairobi before she ventured into this business.

Since Teresia joined Faulu Kenya she is able to access loans and her business has grown. She wants to attract more customers to her cafeteria and therefore she has requested a loan of Kes 35,000 from Faulu Kenya to renovate her premises and to add to her stock of cooking ingredients.

Teresia hopes to grow her business and stabilize her income in the next five years.

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
  • 700
    View loans »
    Kenya Loans Fundraising
  • $42,247,450
    Funds lent in using Kiva
  • 77.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Teresia to buy cooking ingredients and to renovate her business premises.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2010
Listed
Apr 10, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010