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Maweu
Maweu is 45 years old, married and has three children. He repairs shoes to earn a living. He has been in this business for 14 years. Maweu describes his business environment as good because of limited competition.
Since Maweu joined Kiva partner Faulu Kenya he has been able to educate his children. In the future, he hopes to open a shoe shop and be financially stable. Maweu has applied for a loan of 70,000 Kenyan Shillings to buy sewing thread and shoe soles.

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
  • 633
    View loans »
    Kenya Loans Fundraising
  • $39,149,000
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Maweu to buy sewing thread and shoe soles.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Jan 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2012