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Stephen
Stephen is a 31 year old father of two. He supplies electricity to the residents of the Kayaba part of the Mukuru slums and also sells kerosene. He has been in this business for five years and hopes to own Matatus (public service vehicles) in the next ten years. He is requesting a loan of Kes. 50,000 to add to his stock of kerosene. He describes himself as social and jovial.


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
  • 831
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 75.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Stephen add to stock of kerosene.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2009
Listed
Oct 20, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010