Lucy is 37, married, and has a five-year-old child. She runs a salon to earn a living. She has been in the business for six years and has employed two people. She also does poultry and pig farming to supplement her income. Previously, she used to sell clothes. She was able to open a salon after getting capital from Faulu Kenya.
Lucy hopes to open a hair-dressing college in the future. She needs a loan of 50,000 Kenya shillings to buy hair blow-dryers.
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.