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Cecilia
Cecilia is a 27-year-old married lady with two children who go to school. She operates a grocery store and a retail shop and has employed two people to help her run the business.

Cecilia has been an active member of the Jupiter SHG group of Faulu Kenya. Because she pays her weekly dues well, she has previously been guaranteed three loans by the group members.

Cecilia has requested another loan of 40,000 KES to buy construction materials and to add stock to her shop. She hopes to complete building her house and also provide a quality education to her children.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kenya

  • $1,800
    Average annual income
  • 716
    View loans »
    Kenya Loans Fundraising
  • $42,279,525
    Funds lent in using Kiva
  • 81.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Cecilia to buy construction materials to complete her house and to add stock to her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2010
Listed
Jul 8, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011