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Samwel
Samwel is 43 years old, married and with six children. For 11 years, he has been doing carpentry. He runs the business with three employees.

Through his previous loans from Faulu Kenya, he has been able to buy raw materials, such as timber, for making furniture. Samwel hopes to expand his business into wholesale in the future. He has requested 50,000 Kes to buy a carving machine and a molding machine.

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
  • 405
    View loans »
    Kenya Loans Fundraising
  • $38,152,100
    Funds lent in using Kiva
  • 86.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Samwel to buy a carving machine and a molding machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 19, 2011
Currency Exchange Loss:
Possible
Ended:
May 1, 2013