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Racheal
Racheal is 36 years old and married with four children. She sells flowers to earn a living. She has been in the business for nine years and describes her business environment as good because there is limited competition. Since she joined Faulu Kenya, she has been able to save her income and hopes to be financially stable in the future. She has applied for a loan of 80,000 Kenyan shillings to buy flowers 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
  • 1014
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Racheal to buy flowers to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 27, 2012
Listed
Feb 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013