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Duncan
Duncan is a hardworking 22-year-old single businessman. For the last 4 years, he has been making his living by selling cakes. He was previously engaged in farming. In the next 5 years, Duncan wants to have started other similar businesses. Duncan is requesting a loan of 20,000 KES to buy cakes for sale. Thanks to Faulu Kenya, his business can easily access finances.

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
  • 448
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 89.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Duncan to buy cakes.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2011
Listed
Jul 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 26, 2012