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Peter is a 47 year old married man with two school-aged children. He works as a welder for a living. Peter has twelve years of experience in the business and has two employees. He was formerly employed and decided to go into business on his own in order to earn more income. Peter is a member of the Waybridge group in Faulu Kenya. Since he joined the group and received a loan of 20,000 KES, he has been able to set up a workshop. He is now asking for a loan of 50,000 KES to buy scrap metal.

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
  • 1045
    View loans »
    Kenya Loans Fundraising
  • $47,192,275
    Funds lent in using Kiva
  • 81.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Peter to buy scrap metal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 14, 2010
Jul 23, 2010
Currency Exchange Loss:
Jul 15, 2011