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Mary
Mary is a 42-year-old married woman with three children in school. She has been running a green grocer shop for five years. She plans to expand her business so that she can get more income in the future. Therefore, she has requested a loan of KES 40,000 from Faulu Kenya. She has been guaranteed by the Furaha Ladies' group in Faulu Kenya because she is a member of the group. She believes that the loan will help her move her business to a higher level.

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
  • 966
    View loans »
    Kenya Loans Fundraising
  • $40,860,175
    Funds lent in using Kiva
  • 80.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mary to expand the business premises.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2010
Listed
Jun 17, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011