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Julius
Julius is a 35-year-old man who lives with his wife and three children. He values his family and works hard to meet their needs. His wife is a business-lady and she helps her husband with the household expenses.

Julius is a hardworking man who has eleven years of experience in his Pamoja Retail shop. He sells sugar, maize flour, rice and soap and also sells vegetables to supplement his income.

As a businessman, Julius has learned how to manage his money by saving in a group in Faulu Kenya called Acis Buruburu Group. Since he joined the group, his business has really grown. This is because he was previously selling his goods in a stall and he moved to a permanent shop.

Julius has requested a loan of Kes 60,000 to buy more sugar, maize flour, rice and soap. He hopes to expand his business into wholesale in the future.

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
  • 718
    View loans »
    Kenya Loans Fundraising
  • $42,302,675
    Funds lent in using Kiva
  • 80.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Julius to buy more sugar, maize flour, rice and soap for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2010
Listed
Jun 11, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011