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Peter
Peter is a hardworking man who owns a barber shop. He has been in this business for three years. He is 32 years old and married. Peter works hard in his business because he is the breadwinner in his family. He is a member of Amani group in Faulu Kenya and saves his money weekly with the group. This has made him invest in his business.

Peter has requested a loan of 60,000 Kenyan Shillings from Faulu Kenya to buy more shaving machines. He believes that if he adds more machines he would provide his services efficiently. He dreams of having a well established business in the future.

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
  • 679
    View loans »
    Kenya Loans Fundraising
  • $42,246,850
    Funds lent in using Kiva
  • 77.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Peter to buy more shaving machines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2010
Listed
Apr 27, 2010
Currency Exchange Loss:
Possible
Ended:
May 20, 2011