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Mary
Mary is 40 years old. She is married and blessed with three school-going children, ages 21, 16 and 7. For the past seven years, she has been providing for her family by selling clothes. Previously, she used to sell groceries. She wants in the next five years to have made enough money from her business to be able to buy a cow and a goat. Her dream is to be able to buy a piece of land and develop it.

Previously, she had taken a loan of 20,000 Kenyan shillings, which she successfully paid. She is requesting a loan of 50,000 Kenyan shillings to purchase bales of clothes.

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
  • 936
    View loans »
    Kenya Loans Fundraising
  • $41,686,525
    Funds lent in using Kiva
  • 90.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Mary to purchase bales of clothing for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2011
Listed
Jul 16, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012