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Thomas
Thomas is a 40-year-old, hardworking businessman. He is married and blessed with four children who are still in school.

For the last 12 years, Thomas has been selling scrap metals and plastic containers for recycling. He has boosted this business with his previous loans from Faulu Kenya. He also rents houses for more income. Previously, he used to run a retail shop. His dream is to buy a piece of land and build a home. Thomas is requesting a loan of 50,000 KES to buy scrap metals for recycling.

Additional Information

More information about this loan


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
  • 976
    View loans »
    Kenya Loans Fundraising
  • $41,774,550
    Funds lent in using Kiva
  • 96.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Thomas to buy scrap metals.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 31, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012