Jeconiah is a 43-year-old married blacksmith with three children, who all attend school. His wife is a teacher and he has been running his metal fabrications business, where he provides drilling, moulding, and welding services, for two years. He employs three people and his customers are vehicle owners.
With this 40,000 Kenyan shilling loan, he wants to purchase leaf springs and pay for service of his working machines. His other source of income is offering machine rental services. He is grateful to Kiva field partner Faulu Kenya for enabling his business to grow drastically. He hopes to start a large machine workshop someday. Jeconiah describes himself as industrious.
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.