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Stephen
Stephen is a 26 year old member of Jiinue group in Faulu Kenya. He has a transport business, and is also a farmer who rears dairy cattle. He has been saving his money with the group members. This has helped him to invest in his business which is only three months old. He has requested a loan of 25,000 KES to add a dairy cow so as to increase milk production. He hopes to own trucks for his transport business. He describes himself as hardworking and focused.

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
  • 738
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 80.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Stephen to buy a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2010
Listed
Jul 29, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011