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Muthui
Muthui is a 45 year old married man who is blessed with seven children. His wife is a farmer, while he works in a quarrying business. He has been in the quarrying business for over ten years and he has employed four people. He learned the skills for operating this business from previous employment in the mines. He has requested Kes.20,000 from Faulu Kenya to purchase quarrying equipment. He hopes to buy a piece of land and a motorbike in the future. He sees himself expanding his business and increasing the number of his employees in a few years' time. He describes himself as hard-working.

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
  • 922
    View loans »
    Kenya Loans Fundraising
  • $41,730,500
    Funds lent in using Kiva
  • 76.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Muthui to buy equipment for quarrying.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010