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Monica
Monica is married and blessed with three children, all of whom attend school. She has been running a tailor shop for the last two years to earn a living. She has employed two people to help her manage the business. In the next 5 years, she wants to expand her business.

Monica is requesting a loan of 30,000 Kenyan shillings to buy fabrics and a sewing machine for her business. Thanks to to Faulu Kenya, she has been able to boost her business with the previous loan.

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
  • 1011
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 102.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Monica buy fabrics and a sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2011
Listed
Oct 13, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012