Peter is a 36-year-old married man with three children in school. He has been selling fish for the past 13 years. He has employed two people to assist him in his business. He decided to leave employment so as to concentrate on his business. He has previously received a loan from Faulu Kenya. He has requested another loan of 50,000 KES, which he will use to buy more fish and a freezer.
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.