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Paul
Paul is 42 years old, married and the father of four children. He has been operating a retail shop for 5 years. With the income from his business, he is able to educate his children. Through Faulu Kenya, Paul has managed to buy a piece of land. He hopes to expand his business into wholesale in the future. Paul has requested a loan of 20,000 KES to buy cereals and kerosene.

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
  • 476
    View loans »
    Kenya Loans Fundraising
  • $38,222,800
    Funds lent in using Kiva
  • 85.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Paul to buy cereals and kerosene.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2011
Listed
Mar 18, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012