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Michael
Michael is 27 years old, married and with two children aged 4 and 2. He runs Stanley Crafts where he sells curios. In his business, he has employed one person. He has been running the business for three years and has seen a tremendous growth since he joined Faulu Kenya. He hopes to succeed in his business in the future. He has requested 30,000 Kes to enlarge his business.

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
  • 1018
    View loans »
    Kenya Loans Fundraising
  • $40,893,425
    Funds lent in using Kiva
  • 80.5
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $375 helped Michael to enlarge his business.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Dec 11, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012