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Florence
Florence is 50 years old and a member of Tumaini Rongai under Faulu Kenya. She rents out houses and she runs the business with four employees. She has been engaged in this business for ten years. She hopes to construct more rental houses in the future. For this reason, she has requested 30,000 Kenyan Shillings (KES). In five years, she hopes to build apartments for renting.

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
  • 913
    View loans »
    Kenya Loans Fundraising
  • $41,691,075
    Funds lent in using Kiva
  • 80.5
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $375 helped Florence to construct rental houses.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2010
Listed
Oct 16, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011