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Margaret, 30, is a hardworking business woman. She is married and blessed with a one-year-old child.

For the last three years, she has managed a salon to raise money to bring up her family.

In the next five years, Margaret wants to expand her business. Her dream is to own a hair dressing school. She is requesting a loan of 20,000 Kenya shillings to buy a hair drier and braids.

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
  • 776
    View loans »
    Kenya Loans Fundraising
  • $43,695,450
    Funds lent in using Kiva
  • 94.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Margaret to buy a hair drier and braids.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Sep 7, 2011
Oct 1, 2011
Currency Exchange Loss:
May 23, 2012