Charles is a 27-year-old married man with three children. He has been running a retail shop where he sells general merchandise such as soaps, sugar, rice, cooking oil, and maize flour. He also rents out residential houses to earn a living. Since he joined Faulu Kenya, he has been able to support his family, and his business has really grown. He has previously taken out two loans from Faulu Kenya and successfully paid. He has requested a loan of 80,000 KES to stock maize flour and cooking fat. He hopes to renovate his rental houses into modern houses in the future. He is determined to expand his shop into a wholesale shop.
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.