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Michael
Michael is 36 years old and is married with two children. For the past five years, he has sold glass to earn a living. To earn extra income, Michael also is a poultry farmer. Since he joined Faulu Kenya, he has been able to save his income.

Michael is requesting a 40,000 KES loan to buy glass to sell. In the future, he hopes to expand his business to wholesale.

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
  • 1020
    View loans »
    Kenya Loans Fundraising
  • $43,117,850
    Funds lent in using Kiva
  • 82.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Michael to buy glass to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Mar 14, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013