Catherine W. Gichehais a 42 year old widow with four children. Three of her children attend school. Catherine has owned a beauty shop where she sells cosmetics and hair products among other products for the last seventeen years. She employs one person. Being a member of Faulu Kenya, Catherine previously received a loan of Kes.50,000. Her business has grown from a retail to wholesale business since she became a member of Faulu Kenya. Now Catherine is requesting a loan of Kes. 75,000 to expand her business by increasing her stock of cosmetics. Catherine, who describes herself as hardworking and trustworthy, hopes to become a distributor of cosmetics 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.