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Paul
Paul is 24 years old and single. He runs a milk bar to earn a living. He has been in the business for four years. His hard work has helped him to sustain his business in a very competitive business environment. Paul appreciates Faulu Kenya for helping him to save his money. He hopes to expand his business into wholesale in the future. He needs 70,000 KES to buy a refrigerator and to renovate his business premise.

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
  • 601
    View loans »
    Kenya Loans Fundraising
  • $39,225,400
    Funds lent in using Kiva
  • 83.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Paul to buy a refrigerator and to renovate his business premise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
May 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 26, 2012