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John
John is a Nairobi-based businessman. He sells used men's trousers retail. He describes his business environment as good and gets more income from running a retail shop. At 41-years-old, John is married and a father of one child who is nine years old. He is requesting a loan of Kes. 60,000 to buy bales of used men's trousers to increase stock in his business. He desires to have two more operating branches in five years and hopes to employ one person every year. He has benefitted by being in Faulu Kenya since he has learned much and practices record keeping. He describes himself as hardworking, trustworthy and visionary.

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
  • 1176
    View loans »
    Kenya Loans Fundraising
  • $40,458,550
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $750 helped John purchasing bales of men's trousers.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2010
Listed
Sep 10, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011