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Kenneth operates a cafeteria where he employs two people. As a business man, he joined a group called Ngegu Small Traders in Faulu, Kenya to access financial resources. He is able to save his money with the group members on weekly basis. He has been guaranteed a loan of 40,000 KES by the group members. With the loan, he wants to buy ingredients for cooking. He hopes to buy a piece of land and build rental houses in the future. Kenneth is a married man with two children.

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
  • 607
    View loans »
    Kenya Loans Fundraising
  • $44,775,100
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Kenneth to buy ingredients.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 15, 2010
Jun 26, 2010
Currency Exchange Loss:
Nov 15, 2011