Mercy is a 28-year-old single lady with a 2-year-old child. She has been selling clothes for five years in an open-air market to earn a living.
Since she joined Faulu Kenya, Mercy has been able to save her money with a group of friends who are also members of Faulu Kenya. She plans to add to her stock of children’s clothes and women’s clothes. For this reason, she has requested a loan of Kes 60,000 from Faulu Kenya.
Mercy hopes to expand her business into a wholesale operation 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.