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Michael
Michael is 25 years old. He is a dairy farmer, and has been in business for two years. He is a very hard-working man, and describes his business as very fertile.

Since he joined Faulu Kenya, he has learned how to save for the future. Someday, he hopes to be a very successful businessman and to have a herd of cattle.

He requires a loan of 42,728 KES to buy a dairy cow.

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
  • 749
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 87.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Michael to buy a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014