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Paul
Paul is 24 years old. He is married and has one child.

He runs a video shop where he provides a place for people to watch them. He has employed one person. In addition, he operates a mobile phone-based money transfer business (M-Pesa) to earn extra income. Since he became a client of Faulu Kenya, he has learned how to expand his business because he has received training on business management. He is requesting a loan of 20,000 KES in order to buy seats for his video shop.

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
  • 882
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 84.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Paul to buy seats for his video shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2012
Listed
Jul 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012