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Fred
Fred is 38 years old, married, and has four children. He performs mobile phone repairs to earn a living, which he has doing for 10 years. He also earns extra income from his rental houses.

Fred is requesting a loan for 53,156 KES, which he will use to buy mobile phone accessories. Since he joined Faulu Kenya, he has improved his standard of living because his business has grown. Fred hopes to become more financially stable 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
  • 477
    View loans »
    Kenya Loans Fundraising
  • $38,222,800
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Fred to purchase mobile phone accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013