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Rhenos
Rhenos is 36 years old and married with two children who are in school. He runs a school and a retail shop to earn a living. He has been running his school for three years now and he has a good turnover due to his good customer care skills. He is married to a teacher by profession who, with her knowledge, has really supported him in running the school. He also operates a transport business to earn enough money to educate his children and support his family since the cost of living is high.

Rhenos has been saving money with his group in Faulu Kenya called "Taifa tence" which guarantees loans for its members. His wish is to see disadvantaged children go through school and be professionals. He dreams of accomplishing this dream and also giving the children quality education in the future. He has requested a loan of 50,000 Kenyan shillings from Faulu Kenya to build another classroom.

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
  • 462
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 77.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rhenos to build another classroom.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010