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Michael
Micheal is married and blessed with three children. For the last three years, he has been operating a motorbike transport business to support the family. He also practices dairy farming. In the next 5 years, he wants to expand his business. His dream is to become more financially stable. He is requesting a loan of 40,000 Kenyan shillings to buy a cow. Since he decided to join Faulu Kenya, he has been able to access a loan credit facility.

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
  • 601
    View loans »
    Kenya Loans Fundraising
  • $39,169,875
    Funds lent in using Kiva
  • 101.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Michael to buy a cow.
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