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Stephen
Stephen, 41 years old, married and blessed with a three-year-old child, sells radios, watches, belts and calculators so as to earn a living. Since he joined Faulu Kenya, he has become more self-reliant because his business has grown. Paul hopes to expand his business into wholesale in the future, and he is now requesting 30,000 Kes to buy radios, watches, torches and belts.

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
  • 971
    View loans »
    Kenya Loans Fundraising
  • $41,005,000
    Funds lent in using Kiva
  • 81.2
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $375 helped Stephen to buy radios, watches, torches and belts.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2012