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Silas is 34 years old, married and has three children, all of whom are in school. For the last eight years, he has run a shop where he sells flour, sugar, salt and other food items. He also runs a taxi service and a farm. He has one employee, and is very grateful to Faulu Kenya for helping him provide for his family, and especially for helping him give his children an education. He would like his children to continue in school, and expand his businesses by buying a piece of land on which he can build rental housing. Silas has requested a loan of Kes. 60,000 to buy supplies for his store, including sugar, kerosene and maize. He is hardworking and friendly, and would also like to open a wholesale business in the future.

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
  • 455
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 77.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Silas to buy sugar, kerosene and maize to sell in his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Feb 10, 2010
Feb 16, 2010
Currency Exchange Loss:
Apr 16, 2011