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Lucy
Lucy is 49 years old and a mother of five children. She runs a cereals store to earn a living. She has been in the business for two years and has employed two people. She describes her business environment as busy because many people do business in that place. Since she joined Faulu Kenya, she has been able to pay school fees for her children and hopes to expand her business in the future. She has applied for 80,000 Kenya Shillings to buy maize, beans, rice and peas 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
  • 943
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 83.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Lucy to buy maize, beans, rice and peas to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013