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Margaret
Margaret is 37 years old, married and a mother of three. For a living, she sells clothes, hand bags and fabric. She was previously operating a butchery and a cafeteria. She has been running her business for five years and she hopes to open a boutique, combined with a tailoring business, in the future. She has requested an 80,000 Kenyan shilling loan to buy fabric and shoes.

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
  • 636
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 80.3
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Margaret to buy fabric and shoes.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Dec 22, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012