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Bonface
Bonface is 29 years old, married and a father of three. He is a mechanic by profession. He repairs vehicles in a busy environment and has three employees. He has operated the business for three years.

Bonface joined Faulu Kenya under the Ukilyo group. Since then, he has been able to employ casual workers in his business. He has previously serviced two loans from Faulu Kenya. Currently, he is requesting for a loan of 80,000 KES to buy paint and vehicle spare parts. He hopes to expand his business so as to make more profit. In five years, he wants to have his own business premises instead of renting.

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
  • 914
    View loans »
    Kenya Loans Fundraising
  • $41,162,700
    Funds lent in using Kiva
  • 80.8
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Bonface to buy paint and vehicle spare parts.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2010
Listed
Aug 30, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011