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Peter
Peter is 45 years old and married with four children. He runs a mechanic shop to earn a living. He has been in the business for 15 years and has employed two people. He describes his business environment as good because he is visited regularly by his customers. Since he joined Faulu Kenya, he has been able to improve his business. He hopes to be financially stable in the future. He has applied for 100,000 Kenya Shillings to buy car spare parts.

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
  • 946
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Peter to buy car spare parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2011
Listed
Jan 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013