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Stanley
Stanley is married and blessed with three children, who are in school. He has been operating a business as a sand supplier for the last ten years to bring up his family. He has employed two people to assist him to manage the business. In the next five years, he plans to establish a large scale supply of sand. Since Stanley joined Faulu Kenya, he has been able to access loans to boost his business. He is requesting for a loan of 30,000 Kenya shillings to buy 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
  • 940
    View loans »
    Kenya Loans Fundraising
  • $41,730,500
    Funds lent in using Kiva
  • 89.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Stanley to buy sand for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012