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John
John is a hardworking and honest 41-year-old businessman. He is married and blessed with a seven-year-old child who is school-going. For more than three years he has been supplying hospital consumables and laboratory items so as to make a living. He supplements income from this venture with the earnings he makes from farming tea.

Previously he was employed. He wants in the next five years to have his own vehicles to supply his products. His dream is to have an annual turnover of 5 million Kenya shillings. He is requesting a loan of 60,000 Kenya shillings to buy a microscope, an electric centrifuge and a digital thermometer. Thanks to Faulu Kenya, he has been able to acquire business management skills.

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
  • 713
    View loans »
    Kenya Loans Fundraising
  • $42,214,325
    Funds lent in using Kiva
  • 92.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped John to buy a microscope, an electric centrifuge and a digital thermometer.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Aug 28, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012