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Joseph
Joseph is a 24-year-old single man who operates a mobile phone repair business (Masswave Technicians) in Nairobi. He has been in this business for six years and describes his business environment as busy. He serves walk-in clients. Joseph is a member of the Kikwetu self-help group whose members guarantee each other's loans. They have guaranteed him to get a loan of 20,000 KES from Kiva partner, Faulu Kenya. Joseph intends to buy a computer with the loan. He desires to have a stable business and family in the future and describes himself as quiet, humble and hardworking.

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
  • 985
    View loans »
    Kenya Loans Fundraising
  • $41,005,000
    Funds lent in using Kiva
  • 77.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Joseph to buy a new computer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2011