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William
William is 26 years old, married, and has a three year old child. He has been selling milk for four years to earn a living, but was previously employed. He packs milk in polythene paper bags and he hopes to get his milk packed in decent containers in the future. This will help him market his products in a better way. His main challenge is lack of proper storage facility. Hence, he has requested a loan of 40,000 KES to purchase a refrigerator. He hopes to own a big shop to sell milk in five years.

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
  • 823
    View loans »
    Kenya Loans Fundraising
  • $42,938,250
    Funds lent in using Kiva
  • 80.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped William to purchase a refrigerator.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2010
Listed
Jul 29, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011