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Geofrey
Geofrey is a 37-year-old married man. He is blessed with three children: twins aged 12 and a 5-year-old. To earn a living, he sells maize and potatoes in an open-air market. He has been running the business for three years and has seen the business grow since he joined Faulu Kenya, a Kiva partner.

He appreciates Faulu Kenya for previously giving him a loan of 40,000 Kenyan shillings (KES), which he used to boost the business. Currently, he has five employees who help him in the day-to-day running of the business. He is requesting a loan of 80,000 KES to purchase 20 sacks of maize.

Geofrey hopes to supply maize in schools in his local community. This way, he will get more income for investing in another business.

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
  • 878
    View loans »
    Kenya Loans Fundraising
  • $43,075,425
    Funds lent in using Kiva
  • 81.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Geofrey to buy 20 bags of maize.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2010
Listed
Jul 18, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011