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Elias
Elias is a determined 26-year-old businessman who is married. For the past 4 years he has been selling mobile phone accessories to make a living. He wants, in the next 5 years, to have opened up a phone shop. He is requesting a loan of 50000 Kenya shillings to start a new motorcycle transport business. Thanks to Faulu Kenya, he has now embraced the culture of saving.

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
  • 842
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 92.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Elias to buy a motorcycle.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2011
Listed
Aug 30, 2011
Currency Exchange Loss:
Possible
Ended:
May 1, 2013