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Paul
Paul is 36 years old and married with one child. He operates a retail shop to earn a living and has one employee. Paul has learned how to save money with the financial management training that he has received through Faulu Kenya.

Paul is requesting a 40,000 KES loan to buy sugar, rice, and maize to sell. In the future, he dreams of expanding his business.

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
  • 736
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Paul to buy sugar, rice, and maize flour.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 4, 2013