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Alikana
Alikana is 35 years old and married with two children, 6 and 8. He runs a motorbike transport business to earn a living, and he also runs a retail shop business to earn extra income. He has been in business for seven years and has employed one person. He describes his business environment as good because there is limited competition.

Since he joined Faulu Kenya he has been able to save money. He hopes to expand his retail shop to a wholesale one in the future. He has applied for 50,000 Kenya Shillings to buy motorbike spare parts.

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
  • 611
    View loans »
    Kenya Loans Fundraising
  • $39,851,750
    Funds lent in using Kiva
  • 87.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Alikana to buy motorbike spare parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Jan 12, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013