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Julius
Julius is married and blessed with two children. One of his children is in school. For the last 2 years, he has been running a welding business where he repairs metal doors and gates to support his family. Previously, he was selling clothes. He has employed two people to assist him in managing the business. Julius is requesting a loan of 20,000 Kenya Shillings to buy a welding machine. In the next 5 years, he wants to expand his business. Thanks to Faulu Kenya, he has been able to manage his business with the 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
  • 871
    View loans »
    Kenya Loans Fundraising
  • $42,991,025
    Funds lent in using Kiva
  • 93.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Julius to buy a welding machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012