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Peter
Peter has been operating a general shop where he sells soap, cooking fat and other consumable household goods. He is 34 years old and married. He works hard in his business so as to earn enough income to meet his family’s needs.

He hopes to grow his business into a wholesale one and open other outlets within five years. He has requested 40,000 Kenyan shillings to buy rice and beans.

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
  • 947
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    Funds lent in using Kiva
  • 90.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Peter to buy beans and rice.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012