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Paul
Paul, a 32-year-old, lives with his wife and their 5-year-old child who goes to school. Paul started his business by selling little goods such as sweets, pens and handkerchiefs. Four years ago, he was able to raise enough money and he opened a retail shop and added stock. Thanks to Faulu Kenya for financially supporting him.

Paul hopes to expand his business into wholesale in the future. He has requested a 60,000 KES loan to buy sugar, wheat 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
  • 1175
    View loans »
    Kenya Loans Fundraising
  • $40,458,550
    Funds lent in using Kiva
  • 87.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Paul to buy sugar, wheat flour and cooking fat.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2011
Listed
Jun 10, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012