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Peninah is a hardworking businesswoman aged 26. She is married and blessed with one child. For the last six years, she has been managing a salon to support her family. She has employed one person to help her to manage the business. She faces the major challenge of competition, but she has retained some of her customers because of her good customer care.

In the next five years, she wants to expand her business. She is requesting a loan of 20,000 Kenya shillings to buy hair chemicals and braids for her business.

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
  • 553
    View loans »
    Kenya Loans Fundraising
  • $49,763,575
    Funds lent in using Kiva
  • 100.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Peninah to buy hair chemicals and braids.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Sep 29, 2011
Oct 9, 2011
Currency Exchange Loss:
May 23, 2012