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Mary
Mary is a focused business-woman aged 29. She is a single mother of a three-year-old child. For the past three years, she has been running a beauty salon. The major challenge she faces is competition but she is able to retain her customers because of her good services. Mary has requested a loan of 40,000 Kenya shillings to buy hair braids and hair chemicals. In the next 5 years, she wants to expand her business.

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
  • 418
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 96.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Mary to buy braids and hair chemicals.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 1, 2011
Listed
Nov 9, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012