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Wellington
Wellington was born in 1980. He is married and a father of five. He runs a general shop to earn a living for his family. He has operated the business for five years. In addition, he has three rental houses, which earn him extra income. He has been able to grow his business with his previous loan from Faulu Kenya.

Wellington hopes to expand his business into wholesale within five years. He needs 70,000 KES to add more stock of sugar, cooking fat, maize flour and sweets.

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
  • 757
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 101.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Wellington to buy more sugar, cooking fat, maize flour and sweets.to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 7, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012