Stephen is a businessman who operates a (bodaboda) motorbike transportation business to earn a living. He has been in the business for four years. Previously, Stephen was employed. He works hard in his business to educate and provide for his seven-year-old child. Through Faulu Kenya, he has been trained in financial management, which has helped him to plan his finances. He hopes to grow his business ten times in five years. He has requested for 70,000 Kenyan shillings to buy a new motorbike.
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.