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Francis
Francis is a hardworking businessman, aged 44. He is married and blessed with five children who are in school.

For the last twelve years, he has been operating a business of selling bags to support his family. He also does farming to increase his income. He has employed one person to assist him in managing the business.

Francis is requesting a loan of 100,000 Kenya shillings to buy more bags for resale.

In the next five years, he wants to expand his business by opening other outlets. Since Francis joined Faulu Kenya, he has been able to access loans to boost his business.

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
  • 963
    View loans »
    Kenya Loans Fundraising
  • $40,863,900
    Funds lent in using Kiva
  • 89.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Francis to buy bags for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012