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Gladys is 33 years old and is married with three children. She has been running Happy Daycare school for four years. The school has 134 children with six employees. She was previously employed as a teacher before she opened her own school.

Gladys hopes to be financially stable so as to improve her standard of living. She has benefited from the New Jerusalem group in Faulu Kenya because she has previously been guaranteed two loans. She is requesting another loan of 60,000 KES which she will use to start another school.

Gladys’s dream is to grow her school into a secondary school 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
  • 435
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Gladys to start another school.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 24, 2010
Sep 2, 2010
Currency Exchange Loss:
Oct 15, 2011