Funded

Total loan: $1,000
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Benson

Kenya
KABARNET, Kenya / Electronics Repair

A loan of $1,000 helped to purchase more electronic products.


Benson's story

Benson is 33 years old. His wife, Leah, is a salonist and produces an additional income for the family. He supports seven people in the family. His firstborn is 11 years old and his latest child is three years old.

He runs an electronics shop. He has been in this business for ten years, and right now his monthly income is Kshs 6,000. He is requesting a loan of Kshs 80,000 which he plans to use as follows: Kshs 65,000 to purchase a motor bike, and Kshs 15,000 to add stock to the electronics shop.

He plans to save the anticipated profits for emergencies and for future use. This is his fifth loan, and he has successfully paid off his previous loans. His plans and hopes are to be a successful businessman, support his family well, and educate his children to a high level.



Loan details

Loan length:

14 months
Disbursed date: December 22, 2010
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 22, 2010
Facilitated by Field Partner: VisionFund Kenya