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Philip
Philip is 27 years old and married with one child. He runs a retail shop to earn a living. He has been in the business for three years and has employed one person. Since he joined Faulu Kenya, he has been able to save his income and hopes to expand his business in the future. He has applied for 50,000 Kenya Shillings to buy sodas, sugar, maize flour and cooking oil to sell.

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
  • 597
    View loans »
    Kenya Loans Fundraising
  • $39,169,875
    Funds lent in using Kiva
  • 83.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Philip to buy sodas, sugar, maize flour and cooking oil to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Mar 9, 2012
Currency Exchange Loss:
Possible
Ended:
May 1, 2013