Check out other loans that are currently fundraising!

Update on Samson

Samson is 25 years old and married with one child. He sells electrical goods to earn a living. He has been in the business for 2 years and has employed one person. He also does water vending and motorbike transport to earn extra income. Since he joined Faulu Kenya, he has been able to grow his business and hopes to expand his business in the future. He has applied for 40,000 Kenya Shillings to buy DVDs and amplifiers to sell.

Previous Loan Details

Samson has been selling electrical goods for the last two years. He supplements this earning with income from his water vending and motorbike transport business. He is a hard working and an aggressive 25-year-old businessman. He is married and blessed with one child aged one year. He wants 20,000... More from Samson's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kenya

  • $1,800
    Average annual income
  • 557
    View loans »
    Kenya Loans Fundraising
  • $49,708,225
    Funds lent in using Kiva
  • 82.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Samson to buy DVDs and amplifiers for sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Feb 14, 2012
Mar 5, 2012
Currency Exchange Loss:
Oct 22, 2012
This photo was used before for a previous loan for Samson. It was first posted on Kiva on Jun, 2011. Learn More