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Alex
Alex is 23 years old and married. He owns a video shop and has been in business for the past two years. He also owns a retail shop. He describes his business as very busy. He is very hardworking, trustworthy and honest. Since he became a client of Faulu Kenya, he has increased his profits, and this has enabled him expand his business.

Someday he hopes to be a successful businessman. He requires a loan of 37,513 KES (Kenyan shillings) to buy two television sets.

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
  • 826
    View loans »
    Kenya Loans Fundraising
  • $40,311,575
    Funds lent in using Kiva
  • 87.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Alex to buy two television sets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 6, 2013