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Henry
Henry, who is 43 years old and residing with his family in Kingstone Village, a slum, has been running his retail shop there for 10 years. He also sells clothes on the same premises. Henry, who also has rental units which earn him extra income, previously baked and sold cakes to earn a living. He says that since he joined Faulu Kenya he has become financially stable. Henry has requested a loan for 60,000 Kes to expand his business premises and hopes to grow his business within five years and employ more people.

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
  • 1195
    View loans »
    Kenya Loans Fundraising
  • $40,516,775
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Henry to expand his business premises.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
Apr 27, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012