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Rachael
Rachael is a 49 year old lady who has been practicing farming since 2004 in Kiambu, Kenya.

Rachael plants trees for timber and rears dairy cows for milk production and supply. She describes her business environment as good and supplies her products to Nairobi.

Rachael is a member of Waiyaki Self Help Group whose members have guaranteed her a loan of Kes 50,000 from Faulu Kenya. With this loan, Rachael intends to buy another dairy cow to increase her milk production.

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
  • 616
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 78.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rachael to buy another dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2010
Listed
May 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2011