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Mark
Mark is 30 years old, married and blessed with four children. He makes a living operating a boda boda or motorbike transport business. Thanks to help from Faulu Kenya, he has been able to secure a loan and buy a motorbike. To earn additional income, he also operates a cafeteria where his customers are people who live nearby. He has applied for a new loan to buy items he needs for the cafeteria, including wheat flour, baking powder, cooking oil and sugar.

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
  • 1058
    View loans »
    Kenya Loans Fundraising
  • $40,896,100
    Funds lent in using Kiva
  • 80.3
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Mark to buy items he needs for a cafeteria, including wheat flour, baking powder, cooking oil and sugar.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2010
Listed
Dec 22, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012