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David
David is a 49-year-old businessman and father of five who describes himself as ambitious and innovative. He runs a salon and beauty shop in Nairobi as well as importing electronics on order. He has been in this business for the past eleven years. David hopes one day to buy his family a home in Nairobi and start importing electronics.


David is requesting a loan of Kes. 40,000 in order to add to his stock of cosmetics.


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, a designation that will enable Faulu to better serve its clients.

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
  • 845
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 76.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped David to add to his stock of cosmetics.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 2, 2009
Listed
Sep 5, 2009
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010