Douglas is a 28-year-old man. He runs a kinyozi (barber shop) and salon in Nairobi. He is requesting a loan of 50,000 KES to buy two dryer machines, two blow driers and a manicure machine. Douglas serves the low-income earners from the Mukuru slums and describes his business as busy. A humble, honest and goal-oriented man, Douglas hopes to own a chain of beauty shops, buy a piece of land, build both commercial and residential houses, and educate his children.
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.