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Caroline
Caroline is 37 years old and widowed with two children aged eight and 17. She runs a salon to earn a living. Besides this, she sells clothes in order to generate more income. Caroline has employed two people to assist her in her business. Being a widowed lady with two children in school, she has worked hard to educate her children, thanks to Faulu Kenya for financial support.

Caroline hopes to open other outlets of her business in the future. She has requested a loan of 40,000 Kenyan shillings to buy clothes to sell and to renovate her salon.

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
  • 659
    View loans »
    Kenya Loans Fundraising
  • $39,170,550
    Funds lent in using Kiva
  • 92.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Caroline to buy clothes to sell and to renovate her salon.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012