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Stephen
Stephen is 46 years old and married with four children. He owns pool tables for commercial use and also runs a retail shop. Stephen also earns extra income from his rental houses and is able to educate his children with the income from his businesses.

Stephen has requested a loan of 80,000 KES to buy a pool table. In the next five years, he hopes to own twenty more pool tables.

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
  • 345
    View loans »
    Kenya Loans Fundraising
  • $38,092,825
    Funds lent in using Kiva
  • 81.2
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Stephen to buy a pool table.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 1, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2012