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Francis
Francis is married and blessed with two school age children.

For the last five years, he has sold sand to make a living. He also rents houses to generate more income.

Francis has been able to retain his business because he has a good reputation with his customers.

He has employed two people. 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.

Francis has requested a loan of 40,000 Kenyan shillings to buy more sand 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
  • 788
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 93.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Francis to buy more sand for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012