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Stephen
Stephen is 42 years old, married and has five children. He distributes water so as to earn a living for his family. He has nine years of experience in the business and has employed one person. He also does farming to supplement his income. Previously, he was employed in a hotel.

Stephen desires to open other outlets of his business in other regions in five years. He needs 100,000 Kenya shillings to buy water tanks and pipes.

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
  • $42,385,525
    Funds lent in using Kiva
  • 96.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Stephen to buy a water tank and pipes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2011
Listed
Nov 14, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2013