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Mary
Mary is a hardworking lady who sells tree and plant seedlings in Kiambu to earn a living. She has been in the business since 2004. She says that the business is very profitable because she prepares the seedlings herself and later on sells them. Before she ventured into this business, she was previously practicing farming where she grew cereals and vegetables which she sold in the market.

Mary saves her profits with her group in Faulu Kenya called Step Forward which enables her to access loans because the group guarantees them. She hopes to grow her business into a large-scale operation and improve her living standards in the future.

Mary has requested a loan of Kes 20,000 from Faulu Kenya to buy more seeds 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
  • 963
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 77.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Mary to add to her stock of flower and tree seeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 18, 2011