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Benson
Benson is 25 years old and is from Nakuru. He is married and his spouse is a business lady who operates a general shop where she sells clothes, utensils, shoes, etc. They are blessed with one child, aged 2 years.

He owns a motorcycle that he uses to transport his customers and he also co-owns the general shop with his wife. This is what has prompted him to apply for his second loan of KES 20,000 from KADET Ltd., so as to enable him to buy more stock to sell to customers.

Their monthly income right now from the shop, which has been in operation for the past five years, is KES 10,000, and he intends to use profits from his expanded business to buy a farm and indulge in production of vegetables.

He hopes to open a wholesale in the future.

Additional Information

About VisionFund Kenya

VisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.

About Kenya

  • $1,800
    Average annual income
  • 1010
    View loans »
    Kenya Loans Fundraising
  • $43,094,450
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Benson to add stock like clothes, utensils, shoes, etc. to his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2013
Listed
Nov 13, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014