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Wilfred
Wilfred is 37 years old, married and blessed with three children. He operates a cafe, a business he started three years ago. His cafe is located in the Kibera slums so most of his customers are low-income earners. He also works in the evening as a security guard so that he can make enough money to meet his family’s needs. Through Faulu Kenya, he has been able to improve his business and hopes to expand it over the next five years. He has requested 40,000 Kes to buy ingredients such as beans, cooking fat and maize.

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
  • 750
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 83.2
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Wilfred to buy ingredients such as beans, cooking fat and maize.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012