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Josephine
Josephine is a hardworking old lady who aged 85. She has been practicing mixed farming. She grows tea, keeps dairy cows and also sells soaps and detergents to earn a living. She has been saving part of her income with her group in Faulu Kenya called Wendo, which guarantees loans to its members. Her business has really grown since she joined the group because she can access loans. She hopes to grow her business into a large-scale business and improve her living standards in the future. She has requested a loan of Kes 70,000 from Faulu Kenya to buy another dairy cow.

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
  • 891
    View loans »
    Kenya Loans Fundraising
  • $42,394,375
    Funds lent in using Kiva
  • 76.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Josephine to buy a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Possible
Ended:
May 20, 2011