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Peter
Peter is a determined businessman who is 29 years old. He is married and blessed with three children. For the last three years, he has been operating a retail shop to earn a living. In the next five years, he wants to buy a plot. He is requesting a loan of 30,000 Kenyan shillings to buy sweets, torches and biscuits. Thanks to Faulu Kenya, he has been able to expand his business through his previous loans.

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
  • 708
    View loans »
    Kenya Loans Fundraising
  • $39,776,375
    Funds lent in using Kiva
  • 93.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Peter to buy sweets, torches and biscuits.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Sep 8, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012