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Francis
Francis is a 35 year old father of two who operates his butcher shop in Nairobi. He has been in this business for the last ten years after previous employment in a quarry. He desires to diversify into water vending and thus he is requesting a first loan of Kes. 50,000 to enable him acquire two hand carts to transport water. He hopes to become a meat distributor, own rental units and educate his children to the highest levels. He describes himself as focussed, hardworking and determined.


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.

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
  • 959
    View loans »
    Kenya Loans Fundraising
  • $41,127,600
    Funds lent in using Kiva
  • 74.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Francis buy two hand carts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2009
Listed
Sep 19, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010