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Simon
Simon is 34 years old and married with two children. He runs a retail shop to earn a living. He has been in the business for three years and describes his business environment as favorable because there is limited competition. To earn extra income, he does maize farming.

Since he joined Faulu Kenya, he has been able to grow his business and hopes to expand his business in the future. He has applied for 50,000 Kenya Shillings to buy sugar, rice, cooking oil and maize flour 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
  • 935
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 83.0
    Kenya Shillings (KES) = $1 USD
Expired
A loan of $625 helped Simon to buy sugar, rice, cooking oil and maize flour to sell.
Repayment Term
55 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 12, 2012
Currency Exchange Loss:
Possible
Expired:
May 12, 2012