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Jones
Jones is a businessman who distributes bread and cakes. With income from his business, he is able to support his wife and child. As a member of Faulu Kenya, he has been trained on how to keep business records. With the training, he is able to run his business well. His business is two years old and he has managed to employ one person. In addition, Jones runs a motorbike transport business to supplement his income. He hopes to open a mini-supermarket in the future. He has requested 80,000 KES to buy bread and cakes.

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
  • 854
    View loans »
    Kenya Loans Fundraising
  • $43,028,475
    Funds lent in using Kiva
  • 80.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Jones to buy bread and cakes.
99% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2010
Listed
Nov 8, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012