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Joel
Joel is 37 years old, aggressive and hard working. He is married and blessed with four children, aged: 12, 6, 3 and 1.

Joel has been running a retail shop for the last 10 years selling paraffin, maize flour, sugar and rice. He supplements his income by selling water. He needs 20,000 Kenyan shillings to buy paraffin, cooking fat and maize flour. He dreams of expanding his business in the next five years.

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
  • 941
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 91.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Joel to buy paraffin, cooking fat and maize flour.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012