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Charles
Charles is 59 years old, married and has four children. He owns a butcher shop and has been in business for the last twelve years. He is very hard-working, because he has to provide for his family. Since he joined Faulu Kenya he has grown, and his business has expanded. He also earns an income from farming.

He wishes to open up more businesses in other locations. He requests a loan of 84,442.50 KES to buy more meat to sell in his butcher shop.

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
  • 868
    View loans »
    Kenya Loans Fundraising
  • $42,991,025
    Funds lent in using Kiva
  • 85.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Charles to buy more meat to sell in the butcher shop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2013