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Francis
Francis is a member of the Jawabu Njema group in Faulu, Kenya. He runs a mobile money-transfer business. He also loves painting and he earns extra income from it. He really appreciates Faulu Kenya for supporting his business. This has helped him to provide for his family and to improve his standard of living. He is determined to open other outlets for his business in the future.

Francis has requested a loan for 80, 000 Kes to top-up money as floating funds for his 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
  • 1023
    View loans »
    Kenya Loans Fundraising
  • $43,117,850
    Funds lent in using Kiva
  • 81.1
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Francis to add floating funds to money-transfer business.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2011
Listed
Feb 15, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012