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Charles is a hardworking businessman aged 58. He is married and blessed with four children. For the last 11 years, he has been managing a retail shop to make a living. He works hard in his business so as to provide for his family, including educating his children.

In the next five years, he wants to manage a wholesale business. With the loan of 30,000 Kenya shillings, he wants to buy soda, maize flour, soap and cooking fat.

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
  • 1044
    View loans »
    Kenya Loans Fundraising
  • $43,108,375
    Funds lent in using Kiva
  • 102.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Charles to buy soda, maize flour, soap and cooking fat.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 23, 2011
Oct 4, 2011
Currency Exchange Loss:
Dec 22, 2012