James is a 67 year old married man who has five children whose ages are between 26-39 years. Only one of his children is still school. He has been raising livestock for fourteen years. He sells animal products such as milk and eggs and employs one person. He has been a member of Faulu Kenya under a loan group where he saves his money weekly. Being a member of the group, he can easily access loans from Faulu Kenya. So far, he has taken two loans which he used to boost his business and has successfully repaid them. He has requested for a loan of Kes. 70, 000 to buy a dairy cow and animal feed. He hopes to own over ten 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.