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Muthimbe
Muthimbe, 70 years old, is married and has 10 children. She has operated a retail shop for 17 years and describes her business environment as good because there is limited competition. Muthimbe earns extra income from her farming activities. Since she joined Faulu Kenya, she has been able to grow her business and she hopes to expand it in the future. Muthimbe has applied for a loan of KES 40,000 to buy maize flour, sugar and rice.

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
  • 477
    View loans »
    Kenya Loans Fundraising
  • $38,222,800
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Muthimbe to buy maize flour, sugar and rice.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Jan 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013