Joseph, a 37-year-old married father of two children who go to school, practices dairy farming to earn a living, while his wife is a hair dresser. He was previously employed in a hotel before he ventured into business. Joseph joined Faulu Kenya in a group called Ikinu Rehema so that he could access working capital. He successfully serviced his first loan which he used to buy a dairy cow, a purchase that marked his entry into dairy farming five years ago. The hardworking Joseph is now requesting a loan of Kes. 40,000 to buy a dairy cow, and he hopes to construct a zero grazing unit with a capacity for carrying many cows 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.