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Peter
Peter is 26 years old and he sells motor vehicle spare parts to earn a living. He has been in the business for two years and has employed one person. He describes his business environment as busy because many customers visit him regularly.

Since he joined Faulu Kenya, Peter 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 motor vehicle spare parts 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
  • 620
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 83.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Peter to buy motor vehicle spare parts to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2012
Listed
Apr 3, 2012
Currency Exchange Loss:
Possible
Ended:
May 30, 2013