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Charity
Charity is 32 years old and the mother of two. She runs a small store called Midside Shop so as to earn a living. She also sells charcoal and rents out houses. She has requested a loan of 60,000 Kenyan shillings to build more rental houses.

As a business-lady, she faces a lot of competition, but she works hard to provide the best quality products to her customers. In future she aspires to open a supermarket, and also dreams of buying a piece of land.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kenya

  • $1,800
    Average annual income
  • 854
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $750 helped Charity to build more rental houses.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 4, 2011
Listed
Jan 14, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012