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Michael
Michael is 35 years old, married, and blessed with a four-year-old child.

He does farming, mainly growing tomatoes, french beans, and kale. He also does livestock farming. Since he joined Faulu Kenya, he has adopted a savings culture because he has been trained in financial management.

Michael needs a loan of KES 10,000 to buy fertilizer and pesticides. He hopes to expand his farm 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
  • 567
    View loans »
    Kenya Loans Fundraising
  • $39,222,100
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Michael to buy fertilizer and pesticides.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 4, 2013