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Marymagdaline
Marymagdaline is a hard-working businesswoman who is 38 years old. She is married and blessed with two children who are still in school.

For the last five years, she has been growing spinach, tomatoes and kale to bring up her family. She also sells charcoal and paraffin to earn extra income.

In the next five years, she wants to expand her business. She is requesting a loan of 75,000 Kenyan shillings to buy fertilizer. Thanks to Faulu Kenya, she has become more business-oriented.

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
  • 990
    View loans »
    Kenya Loans Fundraising
  • $40,863,875
    Funds lent in using Kiva
  • 94.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Marymagdaline to buy fertilizer.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2013