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Daniel
Daniel is 30 years old and married with one child. He sells sweaters, trousers and blouses to earn a living. He has been in this business for eight years and describes his business environment as favorable because there is limited competition.

Since he joined Faulu Kenya, he has been able to improve his living standards and hopes to expand his business in the future. He has applied for a KES 80,000 loan to buy sweaters, trousers and blouses for sale.

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
  • 883
    View loans »
    Kenya Loans Fundraising
  • $43,075,425
    Funds lent in using Kiva
  • 84.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Daniel to buy sweaters, trousers and blouses for sale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Feb 2, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013