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Mary
Mary is 35 years old and married with two children who are in school. She runs a retail shop where she sells general merchandise such as rice, sugar, maize flour and cereals. She has a lot of experience because she has been in this business for 10 years. She had previously taken out a loan of KES 40,000 from Faulu Kenya which she used to expand her business and she successfully repaid. She hopes to grow her business and improve her living standards in the future. She has requested for a loan of KES 90,000 to add stock of maize, beans and flour.

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
  • 567
    View loans »
    Kenya Loans Fundraising
  • $39,222,100
    Funds lent in using Kiva
  • 77.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Mary to buy 10 bags of maize, 10 bags of beans and flour.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2010
Listed
Apr 6, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011