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Oira
Here we see Oira C. E.. He is 32 years old, single and makes a living by distributing bread to retail shops and hotels. He has been in the business for ten years and now has two employees. In addition to his bread business, he also works as a farmer. He has made good use of his membership in Faulu Kenya to grow both businesses, and he also hopes to open a bakery in the future. He is applying for a loan for 80,000 Kes to buy more loaves of bread to sell to his customers.

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
  • 855
    View loans »
    Kenya Loans Fundraising
  • $43,028,475
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Oira to buy loaves of bread to sell to his customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2011
Listed
May 5, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012