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Paul
Paul is a hardworking and hopeful 29-year-old businessman. He is married and blessed with two children, one of whom is in school. For the last eight months, he has been selling omena (small dried fish) so as to make ends meet. He makes extra shillings by selling firewood and cereals. Previously, he was employed. He wants, in the next five years, to have expanded his business and employ other people. He is requesting a loan of 20,000 Kenya shillings to buy a refrigerator to store omena (small dried fish).

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
  • 657
    View loans »
    Kenya Loans Fundraising
  • $39,287,300
    Funds lent in using Kiva
  • 93.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Paul to buy a refrigerator.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2011
Listed
Aug 13, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012