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Update on John

John, age 56, is a very hard-working man who sells livestock to earn his living. His previous loan helped him improve his business. The loan has been successfully repaid.

John and his wife have three children. His business enables him to support his family.

He requires a loan of 42,727.50 in order to buy goats.

Previous Loan Details

John is 55 years old and married with three children. He sells cows and goats to earn a living. He has been in this business for three years and has employed one person. To earn extra income he does farming. Since he joined Faulu Kenya, he has been able to grow his business and hopes to be financ... More from John's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kenya

  • $1,800
    Average annual income
  • 822
    View loans »
    Kenya Loans Fundraising
  • $43,889,150
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped John to buy goats.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 8, 2012
Nov 17, 2012
Currency Exchange Loss:
Dec 19, 2013
This photo was used before for a previous loan for John. It was first posted on Kiva on Apr, 2012. Learn More