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Benson
Benson is 29 years old and single. For nine years, he has been doing motorbike repairs. He has employed four people in his business. He also does farming to earn extra income. He joined a group in Faulu Kenya where he is able to save his money, share business ideas and access loans easily, because the members of the group guarantee each others loans.

Benson hopes to become a successful businessman in the future. He has requested a loan of 80,000 Kenyan shillings to buy a grinder and a welding machine for his business.

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
  • 1052
    View loans »
    Kenya Loans Fundraising
  • $40,896,100
    Funds lent in using Kiva
  • 94.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Benson to buy a grinder and a welding machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 18, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012