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Lucy
Lucy is 48 years old, married, and has three children. She operates a spare parts shop to earn a living. She has been in business for four years and has one employee. Besides that, she generates extra income from her rental houses. Since she became a client of Faulu Kenya, she has learnt how to save because she has been trained in financial management. She dreams of expanding her business and operating a filling station. Lucy has requested a loan of 30,000 Kenyan Shillings (KES) to buy oil lubricants for sale.

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
  • 1187
    View loans »
    Kenya Loans Fundraising
  • $40,475,500
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Lucy to buy oil lubricants.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 6, 2013