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.
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.