Josphine is 33 years old, married and has three children, all of whom are in school. She makes a living running a pharmacy and a cosmetic shop. She also rents her house to earn extra income. She has been in business for four years and has one employee. Josephine has joined a group in Faulu Kenya named Elians, whose members co-guarantee each other's loans. She has requested a loan of Kes 60,000 from Faulu Kenya to add to buy additional drugs and cosmetics to sell. She describes herself as hardworking and honest.
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.