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Douglas
Douglas is a 28-year-old man. He runs a kinyozi (barber shop) and salon in Nairobi. He is requesting a loan of 50,000 KES to buy two dryer machines, two blow driers and a manicure machine. Douglas serves the low-income earners from the Mukuru slums and describes his business as busy. A humble, honest and goal-oriented man, Douglas hopes to own a chain of beauty shops, buy a piece of land, build both commercial and residential houses, and educate his children.

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
  • 599
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 78.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Douglas to buy two dryer machines, two blow driers and a manicure machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
May 18, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011