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Joseph
Joseph has owned and run a shoe vending business for the past seven years. A 29-year-old man, Joseph has requested his second loan of Ksh. 50,000 after successfully repaying a first loan of Ksh. 20,000 in order to buy a varied stock of shoes. He hopes that this loan will help to raise his income and allow him to start importing shoes directly. One day, Joseph wants to buy a plot of land and build rental houses as well as a home in Nairobi. Joseph describes himself as hard-working and determined.




Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable micro-finance 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.

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
  • 403
    View loans »
    Kenya Loans Fundraising
  • $38,151,650
    Funds lent in using Kiva
  • 76.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Joseph add to his stock of shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2009
Listed
Aug 10, 2009
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010