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Samuel
Samuel is a 42 year old married man with three children. Two of his children are in school. He does welding, paint spraying of vehicles and vehicle repair to earn a living. He has a high customer demand because of his good services. Therefore, he has employed two people to help him serve his customers.

Samuel appreciates Express Soweto group under Faulu Kenya where he is a member. This is because he has been saving his money with the group on weekly basis. The group has also guaranteed him a loan of 80, 000 KES. He wants to purchase a motorbike for transporting his spares parts to the garage. He hopes to expand his garage to accommodate more vehicles for service.

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
  • 776
    View loans »
    Kenya Loans Fundraising
  • $42,346,475
    Funds lent in using Kiva
  • 81.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Samuel to purchase a motorbike.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2010
Listed
Jul 14, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011