Monicah is 33 years old and married. She is a hardworking woman who has been operating a beauty shop for three years. She sells cosmetics and clothes to area residents. She wants to take out her first loan of KES 80,000 from Faulu Kenya to increase her stock of clothes and cosmetics. She hopes that this loan will help her to have a well-established business. She sees herself owning a big beauty shop and a boutique 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.