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Stanley
Stanley is 31 years old, married, and has three children. To earn a living, he has a motorbike transportation business. He mainly transports foodstuffs such as cakes and bread to retail shops. He has grown his business since he joined Faulu Kenya because he has been trained on business management skills. In the future, Stanley hopes to buy a truck for his transportation business. He has requested a loan of 105,300 KES to buy a motorbike.

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
  • 803
    View loans »
    Kenya Loans Fundraising
  • $40,310,750
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Stanley to buy another motorbike.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 6, 2013