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Macheru
Macheru is 50 years old and married with three children. His wife works as a civil servant and his children are all attending school.

Macheru runs a hardware business selling building materials to developers and has been in business for ten years. He also earns some income from a rental property. His loan is for Kes 50,000 and he will use the funds to purchase more building materials.

Macheru describes himself as hardworking and says that, in the future, he would like to become self-reliant and a leading hardware supplier in his town of Kitengela and in the surrounding area.

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
  • 868
    View loans »
    Kenya Loans Fundraising
  • $42,991,025
    Funds lent in using Kiva
  • 74.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Macheru to add to his stock of building materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2009
Listed
Nov 22, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010