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Alex, a 30-year-old married man with no children, has been buying, selling, and repairing shoes to make a living since 2006. Grateful to Faulu Kenya for giving him finances to inject into his business, Alex is requesting a loan of 20000 Kenya shillings to buy leather, a sewing machine, and shoes.

In the next five years he wants to establish another shop so that he can advance his dream of opening multiple outlets in the country.

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
  • 481
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 89.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Alex to buy leather, a sewing machine, and shoes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Jul 8, 2011
Jul 19, 2011
Currency Exchange Loss:
Jun 16, 2012