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Joseph
Joseph is a hardworking business man aged 49. He is married and blessed with three children. For the last seven years, he has been practicing dairy farming to support his family. He also runs a cafeteria for more income. Joseph has been able to retain his business because of his good reputation with his customers. In the next 5 years, he wants to expand his business. Since he joined Faulu Kenya, he has been able to access loan to boost his business. With KES 25,000, he wants to buy ingredients such as sugar, cooking fat and wheat flour to make doughnuts.

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
  • 888
    View loans »
    Kenya Loans Fundraising
  • $42,394,375
    Funds lent in using Kiva
  • 99.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Joseph to buy sugar, cooking fat and wheat flour.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 7, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012