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Ferdinand
Ferdinand Otoole S. is forty-four years old, married and has three children. His business is located at Magongo Estate in Mombasa, Kenya. Mombasa is the coastal region of Kenya and is well known for its many tourist attraction sites, not forgetting the white Indian Ocean beaches. He has been selling such items as rice, flour, oil, detergents, soft drinks and other items for the last ten years to the local people.


He says that this business is profitable and the major challenge he has is there are so many people doing the same kind of business in the area and so customers have many choices. However, he works very hard to keep his business doing well. He is using his loan of Kes 80,000 to buy more general items to expand his business. He hopes to be a wholesaler in future. He is a very hard-working man.

About Kenya

  • $1,800
    Average annual income
  • 1046
    View loans »
    Kenya Loans Fundraising
  • $43,108,375
    Funds lent in using Kiva
  • 77.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Ferdinand buy general items to expend retail business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2010
Listed
Apr 12, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011