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Peter
Peter is 27 years old, married, and blessed with a two-year-old child. Previously employed as a casual laborer, for six years he has been operating a bodaboda (motorbike) transport business to earn a living. He also runs a retail shop to supplement his income. Peter has benefited from Faulu Kenya because he has learnt how to save his money, enabling him to buy a motorbike. He is now requesting a loan of 90,000 Kenyan shillings to buy another motorbike.

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
  • 939
    View loans »
    Kenya Loans Fundraising
  • $41,036,925
    Funds lent in using Kiva
  • 88.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Peter to buy a motorbike.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012