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Charles
Charles is 29 years old, married and with two children. He runs a butcher shop to earn a living. She has been in the business for seven years. He runs the business with one employee. He has grown his business through the financial support from Faulu Kenya.
Charles hopes to become financially stable in five years. He needs a loan of 40, 000 Kenya shillings to buy a weighing machine.

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
  • 981
    View loans »
    Kenya Loans Fundraising
  • $40,408,475
    Funds lent in using Kiva
  • 89.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Charles to buy a weighing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 16, 2012