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Lucy
Lucy is married and has nine grown-up children. To earn a living, she runs an electronics shop selling mainly televisions, radios and DVD players. She has been in the business for five years, and has employed one person to assist her. Since joining Faulu Kenya, she has managed to grow her business thanks to her business management training. She has requested a loan of 100,000 Kenyan shillings to buy more radios and televisions to sell.

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
  • 617
    View loans »
    Kenya Loans Fundraising
  • $39,970,625
    Funds lent in using Kiva
  • 93.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Lucy to buy more radios and televisions to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012