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Daniel
Daniel is 49 years old and married with three children. He has been selling scrap metals and grass hay to earn a living. He has been doing this work for the past ten years. Daniel is able to sell hay because he is surrounded by many livestock farmers. He likes his work very much because it is aimed at keeping the environment clean and safe by recycling waste materials such as scrap metals. He is also involved in dairy farming.

He joined a group in Faulu Kenya so that he can access financial support. He has been an active member of the group and has been consistent in paying back the loans he gets from Faulu Kenya. For this reason, he has been guaranteed by his group members another loan of 90,000 KES. He plans to buy more hay and scrap metals to sell.

Daniel appreciates that he has been able to educate his children and that he has been able to add more dairy cows on his farm through Faulu Kenya.

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
  • 1033
    View loans »
    Kenya Loans Fundraising
  • $40,408,475
    Funds lent in using Kiva
  • 78.1
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,175 helped Daniel to buy hay and scrap metals to resell.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2010
Listed
May 8, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012