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Margaret
Margaret is a 62-year-old married lady and has four children. For eleven years, she has been operating a retail shop to earn a living. Besides that, she owns rental houses which generate additional income. Since she joined Faulu Kenya, she has grown her business and has employed one person.

Her dream is to stabilize her business in the future for more income generation. She has requested 50,000 Kenyan shillings to open another retail shop and buy sugar, salt, maize flour, soap and cooking fat.

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
  • 944
    View loans »
    Kenya Loans Fundraising
  • $41,750,050
    Funds lent in using Kiva
  • 87.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Margaret to open another retail shop and buy sugar, salt, maize flour, and soap and cooking fat.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 10, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012