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James
James is a 29 year old single man. He offers a money transfer service named Omega, using the M-Pesa cellphone-based system. He has been in the business for one year and has one employee. He earns extra income working at a hotel. Through Faulu Kenya, he has been able to finance his business. He has requested Kes.40,000 to top up his business's M-Pesa cash float. He hopes to open more businesses and create employment for many people. He describes himself as hardworking.

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
  • 941
    View loans »
    Kenya Loans Fundraising
  • $41,091,050
    Funds lent in using Kiva
  • 76.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped James add cash float to his money transfer business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2010
Listed
Jan 28, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011