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Nicholas
Nicholas is 25 years old, married and has two children. He runs an electronics shop and has been in business for the past five years. He is very hardworking. He suffered a loss when his daughter died and this made his business go down. He used all his savings from his business and needs to boost his business. Faulu Kenya has helped him pay school fees for his children.

Someday he hopes to expand his electrical shop and have more clients. He requires a loan of 74,013.75 KES to boost his business.

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
  • 982
    View loans »
    Kenya Loans Fundraising
  • $40,998,900
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Nicholas to boost his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013