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Fredrick
Fredrick is a hardworking businessman who does tailoring to earn a living. He operates his business in a conducive environment with potential customers. He had previously acquired a loan from Faulu Kenya which helped him to grow his business and he was also able to employ two people. He has also learnt how to manage his business since he has been trained in business management. He dreams of expanding his business in the future. Fredrick has requested for a loan of 60,000 KES to buy a tailoring machine.

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
  • 913
    View loans »
    Kenya Loans Fundraising
  • $41,162,700
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Fredrick to buy a tailoring machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 6, 2013