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Evans
Evans is a 34-year-old married man with three children. Being a member of Faulu Kenya, he has learned how to save his money and has gained knowledge of business record keeping. These skills have helped him run his Jes Engineering business for seven years, selling motor vehicle spare parts. He hopes to fully establish his business in the future. He plans to use this 50,000 KES loan to buy a valve grinding machine.

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
  • 934
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 80.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Evans to buy a valve grinding machine.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2010
Listed
Dec 22, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011