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Fred N. O. is 27 years old and married and with one child. He distributes bread to people in his neighborhood. He uses his bicycle to transport bread. Thanks to Faulu Kenya for training him on good customer care, he has learned how to retain his customers. He also does bodaboda (bicycle transport) to boost his income. He sees himself building apartments in five years. He has requested 80000 KES to open a mini-bakery.

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
  • 363
    View loans »
    Kenya Loans Fundraising
  • $50,198,200
    Funds lent in using Kiva
  • 80.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Fred to open a mini-bakery.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Oct 13, 2010
Oct 25, 2010
Currency Exchange Loss:
Aug 15, 2012