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Josephine
Josephine is 43 years old and is married. To earn a living, she sells secondhand clothes. She has been in this business for five years. She also owns rental houses, with which she earns extra income. Through Faulu Kenya, Josephine has improved her business because she has been trained on business management. Josephine hopes to expand her business in five years. She has requested a loan of 20,000 KES to buy secondhand clothes.

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
  • 337
    View loans »
    Kenya Loans Fundraising
  • $38,092,825
    Funds lent in using Kiva
  • 99.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Josephine to buy secondhand clothes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012