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Benard
Benard is 27 years old and married with one child. He operates a boda boda (motorcycle transport) business in Kiambu. He has been running this business for four years. He is requesting a loan of 70,000 KES to buy another motorcycle. He is a member of Nuru Investment SHG and this loan is guaranteed by the group. Benard also earns extra income through farming. He hopes to be financially stable in five years' time.

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
  • 991
    View loans »
    Kenya Loans Fundraising
  • $40,863,875
    Funds lent in using Kiva
  • 79.8
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $900 helped Benard to buy another motorcycle.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 4, 2010
Currency Exchange Loss:
Possible
Ended:
May 23, 2012