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Peter
Peter has a small shop where he sells motor-vehicle spare parts. Peter has been in this business for the past 15 years. He previously worked in a petrol station. Peter is requesting a third loan of Ksh. 80,000 to increase his stock of spare parts.

Peter is married and has seven children and eight grandchildren. While his family used to live in the Rift Valley, after the post-election violence in Kenya, Peter was forced to relocate his entire family to Nairobi. He hopes to use the profits from his growing business to build his family a home. Peter describes himself as humble, determined and social.

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 more than 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
  • 938
    View loans »
    Kenya Loans Fundraising
  • $41,091,050
    Funds lent in using Kiva
  • 76.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Peter add stock of spare parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 25, 2009
Listed
Aug 21, 2009
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010