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Kelvin
Kelvin is 21 years old and single. He started his retail shop with a small amount of capital. Now, almost two years since he started the business, he gets enough profit to sustain himself. Being a member of Faulu Kenya, he has hopes for his business because he can easily access business loans. He has requested 30,000 KES to buy sodas, baking flour and cooking fat.

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
  • 946
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Kelvin to buy sodas, baking flour and cooking fat.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2011
Listed
May 29, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012