Paul, a 32-year-old, lives with his wife and their 5-year-old child who goes to school. Paul started his business by selling little goods such as sweets, pens and handkerchiefs. Four years ago, he was able to raise enough money and he opened a retail shop and added stock. Thanks to Faulu Kenya for financially supporting him.
Paul hopes to expand his business into wholesale in the future. He has requested a 60,000 KES loan to buy sugar, wheat flour and cooking fat.
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.