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Milengo
Milengo is 30 years old and single. He works as a mechanic to earn a living. He has been in the business for almost six years. He dreams of opening a garage in the future. Through Faulu Kenya, he has been able to save his money. This has helped him to invest in his business. He has requested 50,000 KES to buy a welding machine.

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
  • 652
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Milengo to buy a welding machine.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2011
Listed
Feb 17, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2012