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Peter
Peter was born in 1978. He is married and has a 3-year-old child. He started operating his retail shop seven years ago.

He joined a Faulu Kenya group because he needed a way of saving his money and accessing finances easily. He has requested a loan of 40,000 Kes through the group. He will use the loan to buy maize flour, tea leaves and sugar.

Peter hopes to expand his business in five years and open a supermarket.

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
  • 1177
    View loans »
    Kenya Loans Fundraising
  • $40,486,000
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Peter to buy maize flour, tea leaves and sugar.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
Apr 27, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2011