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Mogambi
Mogambi is 39 years old and married with two children aged 2 and 4. He runs an electronics shop where he sells electrical wires and electronic accessories to earn a living. He has been in the business for 12 years, and he has employed one person. Since he joined Faulu Kenya, he has been able to expand his business. He hopes to be financially stable in the future. He has applied for a loan of 100,000 Kenyan shillings to buy electrical wires and electronic accessories.

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
  • 940
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 86.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Mogambi to buy electrical wires and electronic accessories.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2011
Listed
Jan 10, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014