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John
John is requesting a loan of 80,000 KES to buy stock items such as bales of flour, rice, sugar and cooking fat, among other products. He operates a retail shop in Nairobi where he sells foodstuff and household items. His clients are mainly middle class earners in his neighborhood. John is married and he is the father to three who are in school.

He describes himself as ambitious and persevering and hopes to be a major distributor of foodstuff in the future, with a desire of owning a wholesale shop in five years. John also sells kerosene and does photography for extra income.

Faulu Kenya has provided him with relevant financial solutions to help him grow from a mere photographer to owning a retail shop.

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
  • 639
    View loans »
    Kenya Loans Fundraising
  • $39,186,375
    Funds lent in using Kiva
  • 80.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped John to buy stock items such as bales of flour, rice, sugar and cooking fat, among other products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2010
Listed
Nov 12, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011