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Peter
Peter is 31 years old and married with three children. He has been operating Mama Safi shop (a general store) to earn a living. His business is located in the Kwa Reuben slums, so most of his customers are low-income earners. His wife assists him in running the business because he is otherwise employed. In fact, he was not available for the photo so we took his wife’s photo at the business premises.

Peter has asked for his first loan of 20,000 KES to enlarge his business premises. He says that he is expecting that the loan will help him to improve his status.

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
  • 602
    View loans »
    Kenya Loans Fundraising
  • $39,169,875
    Funds lent in using Kiva
  • 80.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Peter to enlarge his business premises.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2010
Listed
Oct 8, 2010
Currency Exchange Loss:
Possible
Ended:
May 20, 2011