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Margaret
Margaret is a 45-year-old married lady. She is blessed with an eleven-year-old child who goes to school. She has been operating a chemist's shop for the past six years. She was previously employed in a hotel. Since she joined Faulu Kenya, she has been able to meet her financial obligations.

She hopes to expand her business into wholesale in the future. She has requested 80,000 Kes to expand her business premises and buy medicines and cosmetics.

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
  • 455
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Margaret to expand her business premises and buy medicines and cosmetics.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2011
Listed
Jan 25, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2012