Josephine is a hardworking old lady who aged 85. She has been practicing mixed farming. She grows tea, keeps dairy cows and also sells soaps and detergents to earn a living. She has been saving part of her income with her group in Faulu Kenya called Wendo, which guarantees loans to its members. Her business has really grown since she joined the group because she can access loans. She hopes to grow her business into a large-scale business and improve her living standards in the future. She has requested a loan of Kes 70,000 from Faulu Kenya to buy another dairy cow.
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.