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Phoebe
Phoebe is a 26-year-old business lady. She operates a boutique, where she sells clothes and handbags. Her customers are mainly middle-income earners.

She is married and a mother of one child who goes to school. She is requesting a loan of 50,000 Kenyan shillings to buy handbags, dresses, trousers, sweaters, suits, baby clothes and shirts, among other clothing for sale. She hopes to acquire several plots of land and develop them for rental purposes 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
  • 717
    View loans »
    Kenya Loans Fundraising
  • $42,279,525
    Funds lent in using Kiva
  • 79.8
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Phoebe to buy handbags, dresses, trousers, sweaters, suits, baby clothes and shirts, among other clothing.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2010
Listed
Dec 4, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012