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Irene
Irene is a business-lady who operates a tailoring business. She has been in the business for eight years. She mainly makes tablecloths. She was previously employed before she went into this business. Her husband also assists her in the business. With her previous loan from Faulu Kenya, she was able to buy a sewing machine and fabric.

Irene hopes to make graduation gowns to rent in the future. She also sees herself opening other business outlets in five years. She has requested 50,430 Kenya shillings to buy British American Insurance shares at Nairobi Stock Exchange as a method of enlarging her investments.

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
  • 849
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 92.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Irene to buy shares at the Nairobi Stock Exchange.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012