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Tobias
Tobias is a 30-year-old married man. He has been making charts, boards, and catalogues for three years. He mainly sells charts to schools. Before he went into the business, he was operating a stationery shop. He also runs a barber shop to earn extra income. He has been a member of New Jerusalem group under Faulu Kenya. He has been able to service two loans which he used to boost the business. He has been granted a loan of 80,000 KES to buy a scroll saw and a sanding machine. He hopes to expand his business so as to raise his living standards.

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
  • 1012
    View loans »
    Kenya Loans Fundraising
  • $43,094,450
    Funds lent in using Kiva
  • 79.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Tobias to buy a scroll saw and sanding machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2010
Listed
Aug 14, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011