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Josphat A. M. is a 50 year old married father of five children. He has been operating a taxi business for sixteen years. He was previously a care-taker in Buruburu Church of God before he ventured into business. He also earns extra income from farming. Josphat has been an active member of Faulu Kenya and he has previously participated by taking out five loans. He appreciates that he has been taught by Faulu Kenya how to pay back his loans and to be alert on issues concerning his business. Josphat has requested a loan of Kes.74,754 to pay school fees for his three children who are still in school. In the future, Josphat hopes to own a plot in Nairobi and to build residential houses.

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
  • 714
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 76.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Josphat to pay school fees for his children.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 4, 2010
Mar 6, 2010
Currency Exchange Loss:
Apr 16, 2011