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Nicholas
Nicholas is a hard-working businessman who is thirty-five years old. He is married and blessed with one child who is still in school.

For the last ten years, he has been managing a retail shop to earn a living. He earns extra income from his rental houses. Previously, he operated a cafeteria in a slum area.

In the next five years, he would like to expand his business in order to generate more income. He is requesting for a loan of 60,000 Kenyan shillings to buy sugar and cooking fat.

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
  • 855
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 94.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Nicholas to buy sugar and cooking fat.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 19, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 19, 2012