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Elma
Elma is a hardworking, 26-year-old business lady. She operates a cafeteria for a living. She has been in the business for two years and has four employees. Previously, she sold clothes.

She had previously acquired a loan from Faulu Kenya that helped her to grow her business. She understands how to manage her business because she has been trained in business management. She needs a loan of 40,000 KES to buy seats and tables for her cafeteria.

She dreams of expanding her business and building a house in the future.

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
  • 404
    View loans »
    Kenya Loans Fundraising
  • $38,151,650
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Elma to buy seats and tables for her cafeteria.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Jul 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 4, 2013