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George
George is 37 years old and married and with two children in school. He sells eggs, paraffin and charcoal to earn a living. He has been in the business for six years and has employed one person. Previously, he worked as a mechanic. Most of his customers are low-income earners because his business is located in the slum area.

George hopes to expand his business and buy a kerosene pump to sell kerosene. He has requested a loan of 50,000 Kenya shillings to buy paraffin and charcoal.

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
  • 577
    View loans »
    Kenya Loans Fundraising
  • $39,186,375
    Funds lent in using Kiva
  • 97.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped George to buy paraffin and charcoal.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2011
Listed
Nov 11, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2013