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Jonathan
Jonathan sells second-hand clothes and children's shoes. He is a member of Kiva partner, Faulu Kenya, and has previously serviced five loans. These have helped him add stock to his business hence improving the business. His living standards have also improved and he can afford to pay school fees for his children.

Jonathan is requesting a new loan of 90,000 KES to purchase stock of clothes and shoes. He has been running his business for seven years and hopes to open other outlets 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
  • 452
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 81.6
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Jonathan to purchase stock of clothes and shoes.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2010
Listed
Jul 24, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012