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Danson
Danson is a married man. He is a young entrepreneur who sells mattresses. He also operates a grocery store to earn more income. He has been in the business for roughly ten years. His shop is situated in a populated area. Therefore, he has good clientele. He has been able to improve his business through his savings with a group in Faulu Kenya. He has requested a loan of 80,000 KES. He will use the loan to add to his stock of mattresses.

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
  • 832
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 80.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Danson purchase mattresses for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2010
Listed
Jul 29, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011