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Makali
Makali is 51 years old, married and has 8 children. He runs a retail shop and sells charcoal to earn a living. He has been in the business for 34 years and employs one person. Since he joined Faulu Kenya, he has been able to educate his children and hopes to expand his retail shop to a wholesale shop in the future. He has applied for a 60,000 Kenya Shillings loan to buy charcoal for selling.

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
  • 618
    View loans »
    Kenya Loans Fundraising
  • $39,149,275
    Funds lent in using Kiva
  • 82.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Makali to buy charcoal for selling.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Apr 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013