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Josephat, a hardworking 36-year-old businessman, is married and blessed with a five-year-old child who is in school. For the last ten months he has been operating a posho mill to make a living, employing one person to assist him.

Since joining Faulu Kenya, Josephat has been able to access loans to boost his enterprise and is now requesting a loan of 65,000 Kenya shillings to renovate his business premises. Within the next five years, he wants to expand his business.

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
  • 90.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Josephat to renovate his business premises.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 9, 2011
Dec 1, 2011
Currency Exchange Loss:
Jan 15, 2013