Peter was born in 1978. He is married and has a 3-year-old child. He started operating his retail shop seven years ago.
He joined a Faulu Kenya group because he needed a way of saving his money and accessing finances easily. He has requested a loan of 40,000 Kes through the group. He will use the loan to buy maize flour, tea leaves and sugar.
Peter hopes to expand his business in five years and open a supermarket.
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.