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Lazarus
Lazarus is 35 years old and married with two children. He has been selling secondhand clothes for three years. He runs his business in a crowded area so he attracts many customers.

Since Lazarus joined Faulu Kenya, he has grown his business and improved his standard of living. He has requested 70,000 KES to buy more clothes to sell. He hopes to expand his business into wholesale in the future.

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
  • 874
    View loans »
    Kenya Loans Fundraising
  • $41,659,250
    Funds lent in using Kiva
  • 89.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Lazarus to buy more clothes to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012