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Peter
Peter, age 44, has worked as a dairy farmer for the past year. His other trade is tailoring, and he decided to supplement that work with farming so that he can earn more money to support his family. He and his wife have three children.

Since he joined Faulu Kenya, he has been able to develop his business, which has allowed him to improve his family's living standards. He hopes to build a strong and stable business so that he can become more financially stable in the future.

He has requested a loan in the amount of 50,000 kes to buy fabric and a sewing machine for his tailoring business.

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
  • 947
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    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 fabric and a sewing machine for his tailoring business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Apr 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011