Erick is a business man who does outdoor advertisements including branding vehicles and billboards. He has been in the business for the past four years. He works with five casual workers. With the income he gets from his business he is able to educate his three children. Since he became a member of Faulu Kenya, he has learnt how to keep business records and to save his money. He has been guaranteed a loan of 50,000 Kes with the group members. He will use the loan to buy a laptop and a welding machine.
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.