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Mathew
Mathew is 47 years old, married and has three children. For the last five years, he has earned a living by selling food such as tea and loaves of bread. He now has two employees, and joined Faulu Kenya to continue growing his business. He is applying for a loan for 50,000 Kenyan Shillings to buy more sugar, tea leaves and milk 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
  • 715
    View loans »
    Kenya Loans Fundraising
  • $42,214,325
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Mathew to buy sugar, tea and milk to sell to his customers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Feb 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013