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Peterson is 33 years old, married and has three children. To earn a living for his family, he operates a barber shop. He has managed to retain his business for fifteen years because of the financial support from Faulu Kenya. He has also learned how to manage his business through the training conducted by Faulu Kenya.

Peterson hopes to own a big barber shop in the future. He has requested a loan for 40,000 Kenyan shillings to buy a shaving machine.

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
  • 372
    View loans »
    Kenya Loans Fundraising
  • $50,299,450
    Funds lent in using Kiva
  • 93.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Peterson buy a shaving machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 17, 2011
Aug 23, 2011
Currency Exchange Loss:
Jul 16, 2012