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Benson
Benson is a 23-year-old businessman who sells electronics such as DVD players, television sets, mobile phones, cameras and other electronic products. He has been in this business for three years and employs two people. He terms his business environment as conducive and has a wide range of customers.

The father to one two-year-old child, Benson is hardworking and visionary and desires to establish himself fully in business.

Benson wishes to add to his stock of electronics and thus he has requested for a loan of Kes 30,000 from Faulu Kenya. This loan is guaranteed by his group.

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
  • 777
    View loans »
    Kenya Loans Fundraising
  • $42,346,475
    Funds lent in using Kiva
  • 78.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Benson to add to his stock of electronic goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2010
Listed
May 17, 2010
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2010