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Simon
Simon is a single man who has an electronics shop where he deals in mobile phones and employs two people. He also earns extra income from his pharmacy.

Since Simon joined Faulu Kenya, his standard of living has improved because of increased stock in his business. He has requested Kes 50,000 to increase his stock and to start a poultry keeping business. He hopes to create employment for many jobless youth.

Simon dreams of expanding his business and diversifying his products in the future. He describes himself as a dedicated entrepreneur with a passion.

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
  • 700
    View loans »
    Kenya Loans Fundraising
  • $42,247,450
    Funds lent in using Kiva
  • 76.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Simon to add to his stock of mobile phones and to start a poultry business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2010
Listed
Feb 20, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011