Funded

Total loan: $1,050
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Stephene

Kenya
Jogoo Road, Kenya / Fruits & Vegetables

A loan of $1,050 helped to add to his stock of potatoes and also buy a jiko (cooker) for potato chips.


Stephene's story

Stephene is 41 years old and blessed with five children. Four of them are in school.

Stephene has been supplying potatoes for ten years. He was previously employed in a hotel, but currently he has no other source of income. Since he became a member of Faulu Kenya, he has been able to increase his business capital, leading to an increase in sales and customer retention. He hopes to expand his business by opening many branches in future. He also dreams of owning land, being stable and increasing his profit margin.

He has requested a loan of Kes 80,000 to add to his stock of potatoes and also buy a jiko (cooker) for potato chips. He describes himself as a determined man, honest and friendly to his customers.



Loan details

Loan length:

21 months
Disbursed date: February 5, 2010

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: February 5, 2010