Josphat A. M. is a 50 year old married father of five children. He has been operating a taxi business for sixteen years. He was previously a care-taker in Buruburu Church of God before he ventured into business. He also earns extra income from farming. Josphat has been an active member of Faulu Kenya and he has previously participated by taking out five loans. He appreciates that he has been taught by Faulu Kenya how to pay back his loans and to be alert on issues concerning his business. Josphat has requested a loan of Kes.74,754 to pay school fees for his three children who are still in school. In the future, Josphat hopes to own a plot in Nairobi and to build residential houses.
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.