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Thigingi
Thigingi is married with a six-month-old daughter. For the last five years, he has run a business selling Safaricom mobile phone airtime scratch cards wholesale. He also runs a food kiosk. Thigingi was previously employed as a sales representative for Safaricom. He describes himself as hardworking and industrious. Due to Faulu's training, Thigingi says he has become focused on business and started saving.

Thigingi has requested a loan for 20,000 KES from Kiva partner Faulu to purchase scratch cards in values higher than 250 KES each. In the future, he would like to be a registered reseller with Safaricom and expand to branches elsewhere in Nairobi.

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
  • 1008
    View loans »
    Kenya Loans Fundraising
  • $43,094,450
    Funds lent in using Kiva
  • 74.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Thigingi to buy mobile phone airtime scratch cards for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2009
Listed
Dec 9, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010