Peter M. N. is a 36-year-old businessman. He sells timber to earn a living. He has been in the business for six years. So far, he has employed three people in his business.
He also earns extra income from his rental houses.
Peter is a married man with two children in school. Hence, he works hard to educate them. Since he joined Faulu Kenya, he has managed to improve his family's standard of living. He hopes to open a timber processing factory in the future.
With the loan of 80,000 KES, he will buy timber.
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.