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Richard
Richard is a 35-year-old businessman who runs a mobile phone money transaction business. He has been in business for the past four years. He also sells eggs, fish and chicken. He is very hard working and humble. Faulu Kenya has helped him be financially stable. He describes his business as very busy and he has very loyal customers.
Someday, he hopes to expand his business and open other branches. He requires a loan of 105,300 KES to add to his stock of eggs, chicken and fish.

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
  • 715
    View loans »
    Kenya Loans Fundraising
  • $42,281,825
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Richard to add to his stock of eggs chicken and fish.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 31, 2012
Listed
Jan 16, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014