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Wilfred, age 28, operates a barber shop to earn a living. He started the business in 2011 and has one employee. He and his wife have two children, both of whom are enrolled in school.

Since he became a client of Faulu Kenya, he has learned the importance of saving, since he has been trained on financial management. He dreams of opening another outlet in a different location in the future.

Wilfred has requested a loan in the amount of 30,000 KES in order to buy a shaving machine and a generator.

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
  • 794
    View loans »
    Kenya Loans Fundraising
  • $43,847,375
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Wilfred to buy a shaving machine and a generator.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jul 28, 2012
Aug 14, 2012
Currency Exchange Loss:
Sep 6, 2013