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Lucy
Lucy is a 61 year old married lady with six children. In the past ten years, she has been selling hair products. Besides the hair products, she does dairy farming and sells eggs to earn a living. She works hard to educate her children, who are still in school. She hopes to see her children through university levels in their studies. She joined Faulu Kenya in a group called Thuina Victory with the aim of saving money and accessing financial resources (loans). The group members guarantee each other's loans. She has requested for a loan of KES30, 000 to buy a dairy cow. She hopes to add more than five cows to her farm and to build a permanent shop for selling milk and eggs in the future.

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
  • 795
    View loans »
    Kenya Loans Fundraising
  • $42,362,775
    Funds lent in using Kiva
  • 79.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Lucy to buy a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2010
Listed
May 26, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011