Simon is 35 years old and married. He has three children. He has been selling cosmetics for the past seven years. Simon was previously selling fruits. He joined a group registered under Faulu Kenya so that he would save his money and have access to business loans easily because the members of the group guarantee each other loans.
Simon has requested for 20, 000 Kenyan shillings to buy body oil, perfumes and soap.
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.