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Johnson
Johnson is 39 years old, married and has for the last five years made a living selling shoes. He has two employees who help him in his tasks. Through Faulu Kenya, he has managed to save his money and secure loans for his business. He is applying for a loan for 50,000 Kes to buy a sewing machine, acquire a trading license and buy new shoes to sell to his customers.

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
  • 609
    View loans »
    Kenya Loans Fundraising
  • $39,245,475
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Johnson to buy a sewing machine, acquire a trading license and buy new shoes to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012