Charles is a 22-year-old businessman who sells shoes. Besides that, he does mobile phone repairs as a part-time job for extra income. He works hard in his business so as to provide for his wife and his 7-year-old child. Since he joined Faulu Kenya, he has learned how to manage his finances by saving his money on weekly basis. He aspires to be a successful businessman in the future. He has requested a loan of 50,000 Kenyan shillings to add to his stock of shoes so that he may increase sales during the festive season when the demand is high.
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.