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Philip is 32 years old, married and has one child. He used to run a motorcycle transport business, but now to earn a living he operates a barber shop in a busy environment with reliable customers. He has been in the business for three years and has employed one person. To supplement his income he also works as a dairy farmer. He is requesting for a loan of 100,000 KES to buy shaving machines and hair oil. Philip dreams of opening another outlet in a different location in the future.

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
  • 862
    View loans »
    Kenya Loans Fundraising
  • $43,028,475
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Philip to buy shaving machines and hair oil.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Aug 17, 2012
Aug 28, 2012
Currency Exchange Loss:
Aug 17, 2014