Fatuma is 46 years old and married with five children. She runs a bakery where she bakes breads and other wheat products to earn a living. She has been in the business for five years and has two employees. She also practices farming to earn extra income.
Fatuma was previously employed as a casual laborer and her need for more money and to have a stable income drove her into this business. She saves her money with her group in Faulu Kenya called Kllooma Mwangaza which guarantees loans made to its members.
Fatuma has previously taken out two loans from Faulu Kenya which she used to expand her business and which she successfully repaid. She has requested a loan of Kes 70,000 from Faulu Kenya to buy a motorcycle to make distribution of her products easy. She hopes to grow her business and improve her living standard 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.