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Daniel
Daniel is 57 years old, married and blessed with five children. He has been running a cafeteria for fourteen years. He is able to provide for his family, including educating his three children, with the income he gets from his business. He is very grateful to Faulu Kenya for funding him because he has managed to buy a piece of land and educate his children. He hopes to open a hotel in the future. Currently, he needs 50,000Kes to buy ingredients such as baking flour, cooking fat and charcoal.

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
  • 945
    View loans »
    Kenya Loans Fundraising
  • $41,750,050
    Funds lent in using Kiva
  • 81.1
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Daniel to buy ingredients such as baking flour, cooking fat and charcoal.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2011
Listed
Feb 15, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012