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George
George is 32 years old. He is married and has three children. George sells second-hand shoes. It has been six years since he started this business. George has witnessed a lot of growth in his business since he joined Faulu Kenya. This is because he used his previous loan to boost his business. He hopes to expand the business into wholesale.

George has requested a loan for 40,000 Kes to buy more shoes and to open another business premise to sell shoes.

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
  • 976
    View loans »
    Kenya Loans Fundraising
  • $41,005,000
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped George to buy more shoes and open another business premise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2012