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Monicah
Monicah is 22 years old and hardworking business lady. She has been operating a cafeteria to earn a living.

Being a member of Faulu Kenya, she has been trained on business management. This has helped her to improve her business hence raising her standard of living. She wants in the next five years to expand her cafeteria into a restaurant and be able to generate sufficient income to spend and save. She has requested for a loan of 20,000 Kenyan shillings to buy chicken for her restaurant.

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
  • 940
    View loans »
    Kenya Loans Fundraising
  • $41,036,925
    Funds lent in using Kiva
  • 88.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Monicah to buy chicken for restaurant.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2012