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Margaret
Margaret is 32 years old, is married and has three children. She sells clothes to earn a living in a busy environment with frequent customers. Margaret has been in this business for four years and has one employee. She also depends on her husband's salary.

Margaret had previously acquired a loan from Faulu Kenya which helped her to grow her business. She has also learnt the importance of saving because she has been trained in financial management. She dreams of importing clothes for resale in the future. She needs a loan of 60,000 KES to buy clothes 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
  • 643
    View loans »
    Kenya Loans Fundraising
  • $39,170,550
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Margaret to buy clothes to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2012
Listed
Jul 9, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 6, 2013