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Racheal
Racheal is a businesswoman who runs a retail shop to earn a living. She has been in the business for 3 years and employs one person. Since she joined Faulu Kenya, Racheal has been able to save her income. She hopes to expand her business in the future. Racheal has applied for a loan of KES 15,000 to buy sodas and maize flour 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
  • 692
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Racheal to buy sodas and maize flour to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012