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Richard is 36 years old, married and blessed with four children, who are all in school. He owns a lorry which he uses for transport. He has employed two people in his business. Since Richard joined Kiva partner, Faulu Kenya, he has been able to improve his business. He dreams of buying more vehicles in the future. He is requesting a loan of 40,000 KES to buy tires and insure his vehicle.

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
  • 714
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 80.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Richard to buy tires and insure his lorry.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 14, 2010
Dec 28, 2010
Currency Exchange Loss:
May 20, 2011