Funded

Total loan: $275
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Martha

Kenya
Mathare Slums, Kenya / Shoe Sales

A loan of $275 helped to buy more shoes to sell.


Martha's story

Martha is a 37-year-old single mother of two teenage children. She has been hawking (selling door-to-door) shoes along the streets of the slums of Mathare for four years. She is requesting a loan of Kes. 20,000 to purchase more shoes and sandals to sell. In the future, she hopes to expand her business and import her own wares. She describes herself as ambitious and hardworking and says that, since becoming a member of Faulu, she has begun keeping records.

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.



Loan details

Loan length:

15 months
Disbursed date: October 29, 2009

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: October 29, 2009