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Magdalena
Magdalene is 41 years old, married and with four children between age 10-23. She practices dairy farming to earn a living. She has been a farmer for twelve years. Apart from dairy farming, she rears pigs. She says that she has witnessed a lot of growth since she joined Faulu Kenya. This is because she has been trained on business management skills.
Magdalene hopes to farm in large-scale in five years. She has requested for 39, 000 Kenya shillings to buy a dairy cow.

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
  • 992
    View loans »
    Kenya Loans Fundraising
  • $40,863,875
    Funds lent in using Kiva
  • 89.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Magdalena to buy a dairy cow.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012