Funded

Total loan: $675
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James

Kenya
Mukuru Nairobi, Kenya / Barber Shop

A loan of $675 helped to start a hair salon.


James's story

James is a 27-year-old barber and the father of two. He runs his business in, and lives in, the Mukuru slums of Nairobi.

James has been in this business for nine years. He has requested his first loan of Ksh 50,000 to start a hair salon. He desires to educate his children to the highest level and to start a business for his wife. James describes himself as hardworking and jovial.

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.



Loan details

Loan length:

21 months
Disbursed date: August 24, 2009

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: August 24, 2009