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Lucy
Lucy is 40 years old, and is married with three children.

Lucy does tailoring to earn a living. She has been in the business for 22 years and has employed two people. She describes her business environment as competitive because many people do the same business.

Since she joined Faulu Kenya, Lucy has been able to save her income and hopes to expand her business in the future. She has applied for 40,000 Kenya Shillings (KES) to buy a tailoring machine.

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
  • 941
    View loans »
    Kenya Loans Fundraising
  • $41,061,950
    Funds lent in using Kiva
  • 82.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lucy to buy a tailoring machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Apr 5, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013