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Carolyn
Carolyn is a 35-year-old lady. She is the single mother of one 8-year-old child who goes to school. She operates a tailoring and dressmaking business in Nairobi, a business that she has been running since 2002. She hopes to create more job opportunities for many other Kenyans by employing them in her expanded business in the future; currently, she employs three people.

She has requested a loan of 40,000 Kenyan shillings to add stock of fabric for dressmaking. She also desires to build a residential house of her own and provide a good-quality education for her son. She is the treasurer of her group and describes herself as hardworking, visionary and committed.

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
  • 949
    View loans »
    Kenya Loans Fundraising
  • $41,033,900
    Funds lent in using Kiva
  • 78.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Carolyn to add stock of fabric.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2010
Listed
May 17, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011