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Francis
Francis is a determined business man aged 29. He is married and blessed with two children. For the last 4 years, he has been operating a business of making metallic doors and gates to make a living. Previously, he was involved with a business of selling plastic items such as water containers, cups and basins. In the next 5 years, he wants to grow his business. He is requesting for a loan of 60,000 to buy a welding machine. Thanks to Faulu Kenya, he has become more aggressive in 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
  • 464
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 93.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Francis to buy welding machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 19, 2011
Listed
Sep 11, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012