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Nelson
Nelson is 32 years old, married, and has three children. He does carpentry to earn a living. He has been in this business for 11 years and employs three people.

Nelson is requesting a loan 70,000 KES, which he will use to buy timber. Since he joined Faulu Kenya, he has been able to improve his standard of living. He hopes to be financially secure in the future.

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
  • 806
    View loans »
    Kenya Loans Fundraising
  • $42,362,775
    Funds lent in using Kiva
  • 86.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Nelson to purchase timber.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013