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Joel
Joel is a 22-year-old married gentle man. He operates a motorbike business and has been in business for the past four years. He also practices farming. He is very hard working and Faulu Kenya has helped him learn how to budget the profits he gets from his business.

He hopes to buy three motorbikes. He requests a loan of 53,156 KES to buy a cow, purchase insurance cover and repair his 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
  • 597
    View loans »
    Kenya Loans Fundraising
  • $39,169,875
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Joel to buy a cow, purchase insurance cover and repair his motorbike.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013