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Maureen
Maureen L. O. is a newly registered member of Faulu Kenya under Kaza Moyo group. She runs a retail shop that is situated in the Kibera slums. Hence most of her customers are low-income earners. She was previously operating a grocery shop to earn a living. She hopes that someday, she will own residential houses. In five years, she wants to transform her business into a wholesale business. She has requested 20000 KES to buy cereals such as rice, beans and green grams (mung beans) to stock in her shop.

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
  • 714
    View loans »
    Kenya Loans Fundraising
  • $42,214,325
    Funds lent in using Kiva
  • 80.7
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Maureen to buy cereals such as rice, beans and green grams.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2010
Listed
Oct 24, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011