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Rachael
Rachael is 43 years old and widowed with two children. As the breadwinner in her family, she is able to raise her children with the income from her business where she sells second-hand clothes. She has been operating the business for thirteen years and has managed to employ one person. Her desire is to supply clothing wholesale in the future. She has requested 50,000 Kes to buy shirts.

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
  • 597
    View loans »
    Kenya Loans Fundraising
  • $39,169,875
    Funds lent in using Kiva
  • 80.3
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Rachael to buy shirts.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2010
Listed
Dec 8, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012