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Millicent
Millicent is 39 years old, married with two children who are in school. She sells clothes to earn a living. She has been operating this business for two years and has employed one person. Since she became a client of Faulu Kenya, she has improved on her saving culture through the seminars she attended. Millicent dreams of opening another outlet in a different location in the future. She is requesting a loan of 40,000 KES to buy more clothes 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
  • 946
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Millicent to buy clothes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2012
Listed
Aug 27, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 6, 2013