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Walter
Walter is 28 years old. He is a member of Wazalendo group in Faulu, Kenya. He sells utensils, plastic containers, mattresses and metallic suitcases. He has been running the business for three years and has managed to employ three people. Walter also works on contract as a teacher. He hopes to expand his business and improve his standards of living. He has requested for a first loan of KES 50, 000. With the loan, he will add stock mattresses and metallic suitcases.

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
  • 721
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 80.8
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Walter to add stock mattresses and metallic suitcases.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2010
Listed
Oct 25, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011