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Regina
Regina is a 44-year-old lady who is married to a farmer. She sells scrap metals which are later recycled. In additon, she sells fruit to earn extra income. Regina is a mother of four, and she works hard to provide a quality education for her two children who are in school. For this reason, she wants to stabilize her business to increase her income so that she can afford school fees. She has been an active member of Ngumbau group in Faulu Kenya, whose members are responsible for any member who takes out a loan. She is requesting 25,000 KES through the group. She wants to use the loan to buy more oranges for resale. In ten years, she wants to own a truck to transport fruit to the market.

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
  • 615
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 81.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Regina to buy oranges for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2010
Listed
Jul 9, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011