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Stephen
Stephen is 27 years old and married, with two children aged one and five. He sells household goods such as utensils, basins and buckets. He appreciates Faulu Kenya because the organization has helped him to add business stock. Stephen works hard in his business so that one day he can open another shop. He has requested 80,000 KES to buy more utensils.

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
  • 854
    View loans »
    Kenya Loans Fundraising
  • $43,028,475
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Stephen to buy more utensils.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012