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David
David is 27 years old, married and has one child. He has a taxi business and also practices dairy farming. He has been in the taxi business for six years. He feels that, through Faulu Kenya, he has become financially stable and he believes that Faulu Kenya is a bridge to success. He has requested a loan of 30,000 Kenyan shillings to buy taxi spare parts, paint the taxi and buy new tires. He hopes to become a prominent businessman in Limuru area. He sees himself having a fleet of cars, buses and vans 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
  • 946
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    Funds lent in using Kiva
  • 76.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped David to buy spare parts, paint the taxi and buy new tires.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Feb 20, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011