Peter is 27 years old, married, and blessed with a two-year-old child. Previously employed as a casual laborer, for six years he has been operating a bodaboda (motorbike) transport business to earn a living. He also runs a retail shop to supplement his income. Peter has benefited from Faulu Kenya because he has learnt how to save his money, enabling him to buy a motorbike. He is now requesting a loan of 90,000 Kenyan shillings to buy another 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.