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Boniface
Boniface is 32 years old, married, and has one child. He has been baking for six years, and he is a very hard-working man. He also relies on his wife for financial support. Faulu Kenya has helped him grow and increase his profits.

He wishes to expand his business and also increase his profits. He requests a loan of 60,000 KES to buy wheat flour and pay his workers.

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
  • 410
    View loans »
    Kenya Loans Fundraising
  • $38,161,800
    Funds lent in using Kiva
  • 85.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Boniface to buy wheat flour and pay his workers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 6, 2013