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Paul
Paul is a 40-year-old farmer and father of three. He has been farming for the past two years. He works hard in his business in order to provide for his family. The good climate of Kiambu has favored his farming. Paul sells cabbages from his farm in the nearby market. He hopes to become a large-scale horticultural farmer in the future. Since he joined Kiva partner, Faulu Kenya, he has managed to develop his business using his previous loans. He has now requested a loan of 80,000 KES to buy a cow and a motorbike.

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
  • 649
    View loans »
    Kenya Loans Fundraising
  • $39,170,550
    Funds lent in using Kiva
  • 80.5
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Paul to buy a cow and a motorbike.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Dec 22, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012