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Benson
Benson is 55 years old. He is married and has five children aged 11, 14, 18, 21 and 25. He sells plastic products such as plates and jugs to earn a living and has been in business for nine years. He describes his business environment as competitive because many people do the same business. He has applied for a loan of 40,000 KES to buy plastic products such as plates, cups and jugs to sell. Since he joined Faulu Kenya, he has been able to expand his business and save his income. He hopes to open a wholesale shop in the future.

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
  • 972
    View loans »
    Kenya Loans Fundraising
  • $40,835,025
    Funds lent in using Kiva
  • 86.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Benson to buy plastic products such as plates, cups and jugs to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2012