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Margaret
Margaret is 25 years old and the mother of a three-year-old child. She runs a boutique to earn a living. She has been in the business for three years. She also owns rental houses, which earn her extra income.

Since she joined Faulu Kenya, she has learned how to run her business well because she has been trained in business management skills. She hopes to expand her business into wholesale in the future.

She needs a loan of 20,000 Kenya shillings to buy shoes and 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
  • 717
    View loans »
    Kenya Loans Fundraising
  • $42,214,325
    Funds lent in using Kiva
  • 96.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Margaret to buy shoes and clothes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 3, 2011
Listed
Nov 14, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012