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Florence
Florence is 38 years old and married with four children who go to school. She runs a retail shop and also practices small-scale farming in her rural home to earn a living. She sells household goods, plastics and cereals in her shop. She also receives extra income from her husband’s salary, he being employed as a teacher.

Florence saves her money with her group in Faulu Kenya called Kyeni Ngoleni which guarantees loans made to its members. She hopes to grow her business to a wholesale operation and also renovate her house in the future. She has requested a loan of Kes 70,000 from Faulu Kenya to add to her stock of sugar, flour and cooking fat.

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
  • 629
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 76.7
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $925 helped Florence to add to her stock of sugar, flour and cooking fat.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2010
Listed
Apr 20, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011