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Ronald
Ronald is a 26-year-old man. He has been running a unisex beauty salon and shop for four years. He has employed two people in his business. Since he joined Faulu Kenya he has been able to relate and socialize with his group members.

Ronald hopes to grow his business to a wholesale shop and also hopes to supply cosmetic products countrywide. He has requested a loan of Kes. 80,000 to buy hair accessories and add to his stock of beauty products. He describes himself as an aggressive man.

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
  • 677
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 76.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Ronald add to his stock of beauty products and personal care products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011