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Samuel
Samuel, a 50 year-old father of four, has requested a loan of Kes. 70,000 to purchase products including pawpaws, pineapples, watermelons, potatoes, onions, carrots, bananas, oranges, pumpkins, green peas, and cabbages. He operates a grocery store in a good location in Nairobi with a steady flow of customers. He describes himself as hardworking, polite, and humble and plans to buy a piece of land in the future. He also hopes to open other outlets in other areas of the town in five years time.

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
  • 613
    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 $875 helped Samuel to purchase products including pawpaws, pineapples, watermelons, potatoes, onions, carrots, bananas, oranges, pumpkins, green peas, and cabbages.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2010
Listed
Nov 12, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012