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Stephen
Stephen is twenty-six years old. For three years, he has been operating a retail business selling cosmetics. He employs one person to assist him in the business.

Since he joined Faulu Kenya, he has improved his business because he has been trained in business management skills. His desire is to open another business outlet in the future. Stephen needs a loan of 20,000 Kenya shillings to buy nail polish, hair braids and hair oil.

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
  • 1029
    View loans »
    Kenya Loans Fundraising
  • $43,094,450
    Funds lent in using Kiva
  • 82.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Stephen to buy nail polish, hair braids and hair oil.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2012
Listed
Mar 11, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012