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David
David is a member of Bumbani group under Faulu Kenya. He is 40 years old and a father of three.

David is the breadwinner in his family. For 18 years, he has been running DK Furniture shop and has three employees. Besides that, he does farming to supplement his family’s income. He was previously employed and at the same time, he was running a salon and a cafeteria.

David had previously taken out two loans from Faulu Kenya with the support of his group members. Through the loans, he has managed to pay school fees for his children. He has requested a loan of 70,000 Kes, which he will use to buy timber. He hopes to make more furniture for display in his show room. In ten years, he wants to own a vehicle for transporting furniture.

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
  • 417
    View loans »
    Kenya Loans Fundraising
  • $38,192,375
    Funds lent in using Kiva
  • 80.8
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped David to buy timber to make furniture.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2010
Listed
Aug 30, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011