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Simon
Simon, 36 years old, is married and has two children. He sells cakes, biscuits, cooking fat and maize flour to earn a living. Simon does not have a permanent business premise but he uses his bicycle to distribute his items. He also farms to earn extra income. Simon hopes to own a permanent business premise in the future. He has requested a loan of 60,000 KES to buy cakes, biscuits, cooking fat and maize flour.

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
  • 691
    View loans »
    Kenya Loans Fundraising
  • $42,245,400
    Funds lent in using Kiva
  • 84.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Simon to buy cakes, biscuits, cooking fat and maize flour.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 2, 2013