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Luke
Luke, a 37-year-old married father of three, has been operating a wholesale shop to earn a living for three years, and employs one person. To earn extra income he does sugarcane farming. Luke describes his business environment as favorable because there is limited competition.



Since joining Faulu Kenya, Luke has been able to improve his business and hopes to expand it into a supermarket in the future. He is now requesting a loan of 50,000 Kenya Shillings to buy crates of eggs, bundles of maize flour and sacks of sugar 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
  • 979
    View loans »
    Kenya Loans Fundraising
  • $41,005,000
    Funds lent in using Kiva
  • 82.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Luke to buy crates of eggs, bundles of maize flour, and sacks of sugar to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
Apr 6, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012