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John
This is John, who is 37 years old and single. He uses his bicycle to transport cakes and bread to distribute to retail shops. He has engaged in this business for five years. He has improved his business since he joined Faulu Kenya because he has been trained in business management skills. John hopes to expand his business in the future to earn more income. He has requested a loan of 40,000 Kenyan shillings to buy wheat flour and cooking fat for baking bread and cakes.

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
  • 959
    View loans »
    Kenya Loans Fundraising
  • $41,753,600
    Funds lent in using Kiva
  • 99.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped John to buy wheat flour and cooking fat for baking bread and cakes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2011
Listed
Oct 3, 2011
Currency Exchange Loss:
Possible
Ended:
May 1, 2013