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Duncan
Duncan is 43 years old and married, with four children.

He recycles old vehicle tires to make sandals, which he sells to make profit. Besides, he does farming for extra income generation. Since he joined Faulu Kenya, he has managed to grow his business, hence his improving living standards.

He needs a loan of KES 20,000 to buy old vehicle tires for making sandals. Duncan desires to own permanent business premises in the future.

Additional Information

More information about this loan


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
  • 612
    View loans »
    Kenya Loans Fundraising
  • $39,149,275
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Duncan to buy old vehicle tires for making sandals.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 1, 2013