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Lucy
Lucy is a teacher. She also sells clothes to earn a living. She has been in the business for one year and has employed one person.

Since Lucy became a client of Faulu Kenya, she has learned how to save because she has been trained in financial management. She dreams of expanding her business and making clothing for her customers in the future. She needs a loan of KES 40,000 to buy clothes 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
  • 439
    View loans »
    Kenya Loans Fundraising
  • $38,313,825
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lucy to buy clothes for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2012
Listed
Jul 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 1, 2013