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Stephen
Stephen is a single businessman who is twenty-nine years old. For the last five years, he has been selling shoes to earn a living. He has grown his business with the help of his previous loans through Faulu Kenya.

In the next five years, he wants to expand his business. He is requesting a loan of 80,000 Kenyan shillings to buy shoes.

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
  • 734
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 95.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Stephen to buy shoes to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Oct 2, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 2, 2013