Jonathan sells second-hand clothes and children's shoes. He is a member of Kiva partner, Faulu Kenya, and has previously serviced five loans. These have helped him add stock to his business hence improving the business. His living standards have also improved and he can afford to pay school fees for his children.
Jonathan is requesting a new loan of 90,000 KES to purchase stock of clothes and shoes. He has been running his business for seven years and hopes to open other outlets 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.