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Lucy
Lucy is 37, married, and has a five-year-old child. She runs a salon to earn a living. She has been in the business for six years and has employed two people. She also does poultry and pig farming to supplement her income. Previously, she used to sell clothes. She was able to open a salon after getting capital from Faulu Kenya.

Lucy hopes to open a hair-dressing college in the future. She needs a loan of 50,000 Kenya shillings to buy hair blow-dryers.

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
  • 971
    View loans »
    Kenya Loans Fundraising
  • $41,005,000
    Funds lent in using Kiva
  • 95.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lucy to buy hair blow-dryers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012