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Margaret  Wanjiku
Margaret is 39 years old and married with two children who are in school. She operates a retail shop to earn a living. She has engaged in this business for 10 years and has employed one person. Besides that, she runs a motorcycle transport business to supplement her income. Through Faulu Kenya, her business has improved because she has been trained on business management skills. She dreams of operating a wholesale business in the future. She has requested a loan of 80,000 KES to buy maize flour, sugar and rice.

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
  • 1007
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 84.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Margaret Wanjiku to buy maize flour, sugar and rice.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014