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Stephen
Stephen is single businessman . He is an electrician by profession and he earns a living from it. Most of his customers are local residents. Since he joined Faulu Kenya, he has been able to access loans to boost his business. In the next five years, he wants to expand his business.

Stephen is requesting for a loan of 20,000 Kenyan Shillings to buy more bulbs and sockets.

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
  • 448
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 96.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Stephen to buy bulbs and sockets.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 1, 2013