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Julius
Julius is a businessman aged 39, married and blessed with four children. For the last 15 years, he has been operating a business selling second-hand clothes to earn a living. In the next five years, he wants to expand his business. He is requesting a loan of 80,000 to buy clothes. Thanks to Faulu Kenya, he has been able to operate his business through his previous loan.

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
  • 843
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 93.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Julius to buy used clothes for resale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Sep 8, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012