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Grace
Grace is a determined and focused 43-year-old business lady. She is married and blessed with six children, three of whom are in school. For the last two years, she has been running a cafeteria so as to make a living and meet the needs of her family. She supplements income from this venture with the earnings she makes from selling charcoal and the rent that she collects. Previously, she used to run a retail shop. She wants, in the next 5 years, to have grown her business into a restaurant. Grace's dream is to expand her business. She is requesting a loan of 100,000 Kenya shillings to buy ingredients such as meat, rice, beans, maize flour, maize and sugar. Thanks to Faulu Kenya she has been able to learn business management skills.

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
  • 963
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 92.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Grace to buy ingredients such as meat, rice, beans, maize flour, maize and sugar to make food for her cafe.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Aug 26, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013