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Tobias
Tobias is a businessman and a member of the Jitihada group in Faulu Kenya. He sells ladies' clothes in the Kibera slums. He has been in the business for four years. He has managed to educate his four children with the income from his business and the funding from Faulu Kenya. He dreams of opening a wholesale business in the future. He has requested 40,000 KES to buy more clothes to resell.

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
  • 432
    View loans »
    Kenya Loans Fundraising
  • $38,199,275
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Tobias to buy more clothes to resell.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Jan 14, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012