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Erick
Erick makes mainly tea and doughnuts in his cafeteria. He has been running the business for nine years and has employed two people. Through Faulu Kenya, he has grown his business and learned how to manage his finances. He hopes to expand his business and start outside catering services.
Erick needs a loan of 30, 000 Kenya shillings to buy plastic chairs for his cafeteria.

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
  • 1026
    View loans »
    Kenya Loans Fundraising
  • $40,998,625
    Funds lent in using Kiva
  • 83.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Erick to buy plastic chairs for his cafeteria.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Dec 18, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013