Thursday, January 27, 2011


The latest borrower to whom I've made a micro loan through Kiva is Naomi, in Kenya, who wants a loan to buy carrots, potatoes and "farm inputs." This is my 29th Kiva loan and the first loan to someone in Kenya.

Naomi is a married lady with two children. For twenty years, she has been operating a food stall so as to earn a living. She also does dairy farming for extra income.

Naomi is a God-fearing lady who believes in hard work. Hence she puts a lot of effort in her business. She is a member of Githunguri Neema group in Faulu Kenya. In the group, she is able to save her money on weekly basis. The members of the group also guarantee each other's loan. She has requested a loan of 50,000 Kes to buy carrots, potatoes and farm inputs.

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.

No comments:

Post a Comment