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Stephen
Stephen is 26 years old and married. He has a three year-old daughter named Sasha. He has a video library that includes a selection of DVDs, films, and tapes. He's been in this business for two years and has one employee. He also runs a boutique and was previously employed by Regal Pharmaceuticals.

Stephen repaid a loan of Kes. 25,000 from Faulu. He is now requesting a loan of Kes. 50,000 to buy a computer, renovate his shop, and add some accessories to sell.

He describes himself as a hard-working, responsible, and social businessman, who is determined to make ends meet in life. Since Faulu's training, he says that he has adopted a culture of savings and become empowered economically. In the future, he hopes to establish himself as a businessman and own his own home.

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
  • 778
    View loans »
    Kenya Loans Fundraising
  • $42,346,475
    Funds lent in using Kiva
  • 74.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Stephen to buy a computer and add to his inventory.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2009
Listed
Nov 24, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010