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Teresia
Teresia is 37 years old and single with one child who goes to school. She sells charcoal and also practices dairy farming to earn a living. She has been in these businesses for six years and has one employee. The profit from these businesses has been the main source of her family's income. She has been saving her money with her group in Faulu Kenya called Ikinu Clean Shine which guarantees loans to its members.

She has requested a loan of 20,000 KES from Faulu Kenya to buy animal feeds and to add to her stock of charcoal. This loan will allow her to grow her businesses further so that her child can fulfill dreams of achieving a college degree and finding a good job.

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
  • 706
    View loans »
    Kenya Loans Fundraising
  • $42,216,300
    Funds lent in using Kiva
  • 76.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Teresia to buy animal feeds and add to her stock of charcoal for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2010
Listed
Apr 20, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011