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Alice
Alice is 40 years old and married with two children. She earns her income from her retail shop which has been running for six years. In addition, she rents out houses. Since she joined Faulu Kenya in a group called Delta, she has learned how to manage her finances by saving her money with the group. She has requested a loan of 50,000 KES to add to her stock of sugar, cooking fat, sweets and maize flour. She hopes to build apartments 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
  • 1000
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 80.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Alice to buy sugar, cooking fat, sweets and maize flour to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2010
Listed
Jun 19, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011