Funded

Total loan: $675
Powered by 24 lenders

Charles

Kenya
Nairobi, Kenya / Goods Distribution

A loan of $675 helped add to his stock of cakes.


Charles's story

Charles is a 42-year-old father of three who supplies cakes on his bicycle in Buruburu, Nairobi. He has been running this business for the last 17 years. He has requested a second loan of Ksh. 50,000 after successful repayment of his first loan of Ksh. 20,000, in order to add to his stock of cakes. He hopes to own a real estate business one day and educate his children. He describes himself as jovial and industrious.

Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable micro-finance 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.



Loan details

Loan length:

15 months
Disbursed date: July 24, 2009

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: July 24, 2009