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Philip
Philip is 30 years old. He is married and has one child who is 8 years old. He sells tablecloths and fabric to earn a living. He has been in this business for five years. He has managed to provide for his family including educating his child with the income from his business. Philip also has a motorbike transport (bodaboda) business to supplement his family's income. Philip has requested a loan of 40,000 KES to buy tablecloths.

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
  • 343
    View loans »
    Kenya Loans Fundraising
  • $38,092,825
    Funds lent in using Kiva
  • 97.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Philip to buy tablecloths.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2011
Listed
Nov 10, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012