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Michael
Michael is a 42 year-old father of three children who attend school. He was a casual employee before he started selling water. His wife is a farmer. He has been running his water business for two years. He is a member of Kiva partner Faulu Kenya and he appreciates that he has learnt how to keep business records. He has requested a loan of Kes.20,000 to buy a water tank and water pipes. He hopes to have a financially stable family. He sees himself operating a well established company in the future. He describes himself as hardworking and determined.

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
  • 1005
    View loans »
    Kenya Loans Fundraising
  • $40,873,425
    Funds lent in using Kiva
  • 76.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Michael to purchase a water tank and water pipes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2010
Listed
Feb 21, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2011