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Raphael
Raphael is an ambitious and dedicated 26-year-old businessman. He is married and expecting a baby. He has been operating a general shop to meet the needs of his family. He wants, in the next five years, to have grown his business into a wholesale one so he is able to realize his dream of being financially independent. He is requesting a loan of 20,000 Kenya shillings to buy sugar, flour, cooking oil, salt and soap. Thanks to Faulu Kenya, he is now able to make wise investments and plan for his business.

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
  • 932
    View loans »
    Kenya Loans Fundraising
  • $41,140,500
    Funds lent in using Kiva
  • 93.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Raphael to buy sugar, flour, cooking oil, salt and soap.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2011
Listed
Aug 11, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012