Rose is a single mother of two. For the past 32 years, she has been selling clothes. She has one employee in her business. She hopes to improve her standard of living and own property in the future.
As a member of Faulu Kenya, she had taken out a loan of 20,000 KES. She wants to buy clothes for resale. For this reason, she has requested a loan of 40,000 KES. Rose dreams of owning a boutique in the future. Currently, she does not have a permanent business premises but she sees herself owning one in five years.
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.