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Augustine
Augustine, 38 years old, is married and has 3 children aged 5, 6, and 11. He owns a lorry which he uses in his transport business. Augustine has been in this business for 3 years and employs 2 people. His business customers are mainly companies, which makes his business environment conducive. Since he joined Faulu Kenya, Augustine has been able to grow economically. He hopes to be financially independent in the future. Augustine has applied for a loan of KES 100,000 to buy spare parts and to service his lorry.

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
  • 923
    View loans »
    Kenya Loans Fundraising
  • $41,686,525
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Augustine to buy spare parts and to service his truck.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 9, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013