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Samuel
Samuel is 38 years old, married and with one child. He sells charcoal to make a living in a busy environment with readily available customers. He has been in the business since the year 2008. He had previously acquired a loan from Faulu Kenya which helped him to grow his business. He has also learnt the benefits of saving because he has been trained on financial management. He dreams of buying a pick-up for easy transportation of his supplies. He needs a loan of 60,000 KES to buy 50 bags of 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
  • 785
    View loans »
    Kenya Loans Fundraising
  • $42,346,475
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Samuel to buy 50 bags of charcoal.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 1, 2013