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Philip is 57 years old, married, and has seven children. He operates a retail shop to earn a living. He has one employee. He also runs a motorcycle transport business to supplement his income. Philip has previously received a loan from Faulu Kenya, which helped him to grow his business. With the additional income he generated, he was able to support his family. He is requesting a loan of 100,000 KES to buy maize flour, sugar and milk. He dreams of opening more outlets in a different location in the future.

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
  • 515
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Philip to buy maize flour, sugar and milk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 3, 2012
Aug 28, 2012
Currency Exchange Loss:
Oct 10, 2013