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John
John is 30 years old and married with 2 children. He sells cereals to earn a living. He has been in the business for 6 years and has employed one person. He describes his customers as low income earners because they live in slums.

Since he joined Faulu Kenya, he has been able to improve his business and hopes to be financially stable in the future. He has applied for 70,000 Kenyan shillings to buy cereals 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
  • 848
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 82.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped John to buy cereals to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Apr 4, 2012
Currency Exchange Loss:
Possible
Ended:
May 30, 2013