John is a 36-year-old married man with three children. He is a hardworking man who sells DVDs and CDs as well as videocassettes. He has been in this business for fifteen years. For more profit, he also sells spare parts and provides transport services. He has been able to improve his business through Faulu Kenya. This is because he was previously hawking radio cassettes and videotapes. He has requested for a loan of KES 80,000 to add stock of tyres, windscreens, suspension and paint. He hopes to get a better market for his products and to open a music shop. He sees himself buying a plot and building a family house 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.