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Veronica
Veronica is 38 years old, married, and has two children. She sells scrap metals to earn a living and she has been in the business for 11 years. She describes her customers as low income earners because most of them live in slums. Since she joined Faulu Kenya, she has been able to improve her living standards and hopes to expand her business in the future. She has applied for 20,000 Kenyan Shillings to buy scrap metals for resale.

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
  • 851
    View loans »
    Kenya Loans Fundraising
  • $40,317,850
    Funds lent in using Kiva
  • 82.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Veronica to buy scrap metals for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Mar 18, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2012