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Grace
Grace is a soft-spoken woman who is blessed with a 12-year-old child. She sells clothing and bedding for a living. She previously sold household goods. Most of her customers are people in her neighborhood. It has been just one year since she started the business, and she has managed to grow it through Faulu Kenya. She hopes to own a business premise instead of renting. She will use the loan of 20,000 Kes to open a boutique.

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
  • 1025
    View loans »
    Kenya Loans Fundraising
  • $43,108,375
    Funds lent in using Kiva
  • 80.4
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Grace to open a clothing boutique.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2010
Listed
Dec 8, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011