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Francis
Francis is a hardworking 45-year-old businessman. He is married and blessed with three children, all of whom attend school. For the last six years, he has been selling shoes to support his family. He has employed three people to assist him in managing the business. In the next 5 years, he wants to expand his business. Francis has requested a loan of 30,000 Kenyan shillings to buy shoes for resale.

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
  • 1174
    View loans »
    Kenya Loans Fundraising
  • $40,482,525
    Funds lent in using Kiva
  • 97.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Francis to buy shoes for resale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2011
Listed
Nov 13, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 31, 2012