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Samuel
Samuel is 24 years old, married, and has one child. He owns a motorbike that he uses to provide transportation services within his area, and he has been in business for three years. He is very hard-working, and since he joined Faulu Kenya he has become very independent and has increased his profits.

He wishes to own a taxi for transportation services, and also to expand his business, in the future. He requires a loan of 42,727.50 KES to purchase a license for his motorbike.

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
  • 373
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Samuel to purchase a license for his motorbike.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 3, 2013