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Francis
Francis is 49 years old. He runs a motorcycle transport business to earn a living. He has been in the business for two years and describes his business environment as good because there is limited competition. He also describes his customers as low income earners because they live in slums.

Since he joined Faulu Kenya, he has been able to improve his living standards and hopes to expand his business in the future. He has applied for 40,000 Kenya Shillings to buy a motorcycle.

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
  • 1131
    View loans »
    Kenya Loans Fundraising
  • $40,419,350
    Funds lent in using Kiva
  • 83.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Francis to buy a motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 1, 2012
Listed
Mar 21, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013