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Eric is 24 years old and a business man who owns a cyber cafe. He has been in business for three years. He is a very responsible and hardworking gentleman. Since he became a client of Faulu Kenya, Eric has learned how to save his money. This has helped him to invest more in his business.
He wishes to grow and expand his business and for this reason, he requests a loan of 53,156.25 KES to buy furniture and a back-up power supply.

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
  • 1076
    View loans »
    Kenya Loans Fundraising
  • $47,238,475
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Eric to buy furniture and to buy power back-up.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 14, 2012
Nov 22, 2012
Currency Exchange Loss:
Apr 2, 2013