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Simon
Simon is a 36-year-old businessman who sells clothes. He has been in business for over five years and has employed two people. He has created a good relationship with his customers and this has helped him to retain his customers in a very competitive business environment. Simon also runs a taxi business to earn extra income.

Simon hopes to expand his business into wholesale in the future. He wants to start motorbike transport business; therefore, he has requested a loan of 80,000 KES to buy a motorbike.

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
  • 718
    View loans »
    Kenya Loans Fundraising
  • $42,279,525
    Funds lent in using Kiva
  • 102.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Simon to buy a motorbike.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Oct 20, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 2, 2013