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Moses
Moses is 31 years old and married with one child. He runs a retail shop where he sells general merchandise such rice, sugar, flour and cooking fat to earn a living. Moses is a very hardworking man who also sells clothes to earn enough money to support his family since the living costs are high. He was previously selling electronics before he ventured into this business.

Moses saves his money with a group in Faulu Kenya on a weekly basis which enables him to access loans because the group guarantees loans made to its members.

Moses hopes to grow his business to wholesale and open outlets in the future. He has requested a loan of Kes 40,000 from Faulu Kenya to add to his stock of sugar, rice, cooking fat and cereals.

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
  • 757
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 77.1
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $525 helped Moses to add to his stock of sugar, rice, cooking fat and cereals.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2010
Listed
Apr 22, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011