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David
David is a 51-year-old married man with three children. He is a member of the Masaa group in Faulu Kenya.

To earn a living, he does welding. He has been running the business for 28 years and he has managed to employ five people. In addition to welding, he is also a farmer who rears chickens.

He is glad that Faulu Kenya has been financially supportive to him in his business. This has helped him to buy materials and machines for welding.

He has requested 90,000 Kenyan shillings to buy metals and a drilling machine. He hopes to have his own metal-fabrication industry in the future.

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
  • 721
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 80.3
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped David to buy metals and a drilling machine.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Oct 10, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011