Peter is a 38 year old businessman. He is married and has two children, aged 3 and 7. He sells vehicle spare parts to better his family’s living standard. He also works as a mechanic to get more income. He has been running his business for five years and has employed one person. He was introduced to Faulu Kenya by his friend. Through Faulu Kenya, he has learned how to save his money. He is also able to get loans easily from Faulu Kenya.
He hopes to replenish his business stock so as to increase his income, grow the business and employ more people. He has requested 70, 000kes to buy more spare parts.
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.