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Stephen is 47 years old, married and has four children in school. He runs a butcher shop to earn a living. He has been in the business for 12 years and employs one person. He also does farming for more income generation. Since he joined Faulu Kenya, he has experienced a lot of growth in his business. He thanks Faulu Kenya for training him on business management skills. He has also gained from the financial support from Faulu Kenya.

Stephen desires to practice large-scale farming in the future. He has requested a loan of 36,053.10 KES to buy a water tank. He will use the water tank for water storage on his farm.

Additional Information

More information about this loan

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
  • 722
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 85.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Stephen to buy a water tank.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 5, 2012
Nov 14, 2012
Currency Exchange Loss:
Dec 3, 2013