Check out some available loans that are similar to this one!
Mutio
Mutio is a 49-year-old married man, who is blessed with four children. He has a retail shop in a slum called Kwa Reuben. He has 10 years of experience in the business. He also runs a boutique to earn a living. He was previously employed before he went into business. He intends to add maize flour, cereals, cooking fat and sugar to his stock and to expand his shop. Therefore, he has requested a loan of KES 90,000 from Faulu Kenya. For him to take out this loan, he has been guaranteed by his group members under Faulu Kenya. He is a hardworking and visionary man who hopes to open a wholesale shop in the future. Mutio appreciates Faulu Kenya for helping him to educate his children, expand his business and save his money.

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
  • 778
    View loans »
    Kenya Loans Fundraising
  • $40,271,975
    Funds lent in using Kiva
  • 77.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Mutio to add maize flour, cereals, cooking fat and sugar to his stock and to expand his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2010
Listed
May 2, 2010
Currency Exchange Loss:
Possible
Ended:
May 20, 2011