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Margaret
Margaret is 40 years old with one child. She operates a beauty salon to earn a living. She has been in the business for four years and has employed one person. Since she became a client of Faulu Kenya, she has improved her business because she has been trained on business management. She dreams of expanding her business in the future. She has requested for a loan of 40,000 KES to buy hair oil and a dryer.

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
  • 962
    View loans »
    Kenya Loans Fundraising
  • $41,127,175
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Margaret to buy hair oil and a dryer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 4, 2013