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Edward
Edward is a 36-year-old married man with two children aged 10 and 2. He has been operating his pharmacy for five years. He also farms to supplement his family’s income. Edward previously operated a cafeteria. He appreciates being a member of Faulu Kenya because he can afford to educate his children and has bought a piece of land. He is requesting a loan of 60,000 KES to open another pharmacy and a cafeteria. He hopes to own a pharmaceutical company 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
  • 955
    View loans »
    Kenya Loans Fundraising
  • $41,060,325
    Funds lent in using Kiva
  • 81.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Edward to open a pharmacy and a cafeteria.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2010
Listed
Jul 19, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011