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Eliud
Eliud is a 33-year-old businessman. He sells used clothes especially ladies' wear in Nairobi. He has been in this business for six years and terms it competitive. His customers are mainly ladies and he employs one person.

Eliud has requested a loan of Kes. 50,000 to increase his stock of ladies' clothes for sale. He hopes to diversify into other businesses and to own a supermarket in the future. In five years, he plans to have bought a house, employed more people and have children. 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
  • 990
    View loans »
    Kenya Loans Fundraising
  • $40,832,700
    Funds lent in using Kiva
  • 78.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Eliud to increase his stock of ladies' clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
May 19, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011