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Joyce
Joyce is 38 years old and married with four school-going children. She operates a retail shop where she sells maize, beans, green grams (mung beans) and rice. She also runs a posho mill (for grinding maize into flour) to earn extra income. Her family is her priority and therefore she works hard to provide for the family.

She was introduced to Faulu Kenya by her friend and she is an active member of the Elim Self Help Group. She attends their weekly meetings and pays her dues consistently. Because of this, the group members have guaranteed her a loan of 30,000 KES from Faulu Kenya. She hopes to expand her business and employ more people.

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
  • 763
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 78.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Joyce to buy more cereals to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2010
Listed
May 8, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011