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Peter
Peter is 36 years old. He is married and has two children who are six years old and eight months old. He practices dairy farming in Kiambu, an area that is well known for its favorable climate for farming. His business is just six months old. Peter is determined to see his business grow in the future and aspires to become a major supplier of milk in his area of residence. Peter also practices horticultural farming to supplement his income. In addition, Peter is also employed as a teacher. As a result, Peter has employed one person to check on his farm when he is occupied with teaching. Faulu Kenya has had a great impact on his business because it provided Peter with a loan. He used the loan to build a zero-grazing unit for eight cows. Currently, he has four high-grade heifers. Peter has requested another loan of 50,000 Kenyan shillings to buy a dairy cow and a bull.

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
  • 335
    View loans »
    Kenya Loans Fundraising
  • $38,092,825
    Funds lent in using Kiva
  • 80.5
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Peter to buy a dairy cow and a bull.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2010
Listed
Nov 3, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012