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Catherine
Catherine is 36 years old and married with three children. She has been running a salon for 13 years and also does livestock farming to boost her income. Catherine has witnessed a lot of growth in her business since she joined Kiva partner, Faulu Kenya. This is because she has been saving her money with Faulu Kenya and has previously taken out a loan that she used to boost her business. In the future, she hopes to expand her salon and start to employ people. She has requested a loan of 40,000 KES to buy hair oil, hair gel and shampoo.

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
  • 972
    View loans »
    Kenya Loans Fundraising
  • $41,799,600
    Funds lent in using Kiva
  • 82.8
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Catherine to buy hair oil, hair gel and shampoo.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Mar 7, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012