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Charles
Charles is 47 years old, married and has four children. He operates a retail shop to earn a living. He has engaged in this business for 32 years. He also runs a motorcycle transport business. He had previously acquired a loan from Faulu Kenya which helped him to buy a motorcycle for his transport business. He dreams of expanding his business and buying a pickup truck in the future for easy transportation of goods. Charles has requested a loan of 50,000 KES to buy 10 bags of green grams and two bags of maize.

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
  • 431
    View loans »
    Kenya Loans Fundraising
  • $38,199,275
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Charles to buy 10 bags of green grams and two bags of maize.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 1, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 10, 2013