Veronicah is a 35 year old business lady. She runs a salon with one employee. She left employment five years ago and went into business. She also sells bags so as to supplement her family’s income.
She joined Faulu Kenya so that she could get finances to boost her business. Therefore, she joined Fountain group in Faulu Kenya, whose members guarantee each other loans. Through the group, she has requested a loan of 30,000 Kes. She will use the loan to buy a hair drier and bags.
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.