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Stephen
Stephen is 61 years old, married, and has four children. He owns rental houses, which earn him a living. He has been in the business for over 10 years.

Through his previous loans from Faulu Kenya, he has managed to construct more rental units. Stephen hopes to own large apartments in the future. He has requested a loan of 70,000 KES to renovate his rental houses.

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
  • 1055
    View loans »
    Kenya Loans Fundraising
  • $40,896,100
    Funds lent in using Kiva
  • 84.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Stephen to renovate his rental homes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Sep 9, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 2, 2013