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Charles
Charles is 31 years old. He is married and blessed with a five-year-old child. For a living, he repairs computers and provides Internet access for a fee. He has been in this business for three years and has managed to employ three people. He also does farming for extra income. He hopes to expand his computer business to other towns in the future. He has requested a loan for 80,000 Kes to buy laptops and network server for field work.

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
  • 1007
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 80.4
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Charles to buy laptops and a network server.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2010
Listed
Dec 16, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012