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Mercy
Mercy is a member of Riruta Genesis B, registered under Faulu Kenya. She makes and sells soaps and detergents and employs one person in her business. She also sells secondhand clothes to supplement her family’s income. Mercy hopes to own a permanent business premise in the future. She says that through Faulu Kenya, she has managed to educate her children. She needs a loan of 50,000 KES to buy chemicals for manufacturing soap and detergents.

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
  • 870
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Mercy to buy chemicals for manufacturing soap and detergents.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2012