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Peter
Peter is a 36-year-old married man with three children in school. He has been selling fish for the past 13 years. He has employed two people to assist him in his business. He decided to leave employment so as to concentrate on his business. He has previously received a loan from Faulu Kenya. He has requested another loan of 50,000 KES, which he will use to buy more fish and a freezer.

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
  • 952
    View loans »
    Kenya Loans Fundraising
  • $41,060,325
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Peter to buy a freezer and more fish.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011