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Vincent
Vincent is a 30 year old medical practitioner who operates a clinic in Nairobi. He has been in this business for two years and describes it as good. He has requested a second loan of 40,000 Kenyan Shillings to add stocks of medicine, buy a sterilizing machine, and renovate the clinic. He also practices farming to earn extra income. He hopes to have a nursing home complete with wards and a financially stable family in future. He describes himself as determined, hard-working, and focused.

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
  • 869
    View loans »
    Kenya Loans Fundraising
  • $41,659,250
    Funds lent in using Kiva
  • 77.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Vincent to buy a sterilizing machine, medicine and renovate the building.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011