Muema is a married man, age 39. He has three children, all of whom attend school. He has been selling clothes for the last eleven years to make a living. He also operate a motorbike transport business to increase his income. He has employed one person to help him to run the business.
Muema has been able to retain his business because of good reputation with his customers. In the next 5 years, he wants to expand his business. He has requested a loan of 60,000 Kenya shillings (KES) to buy more clothes for resale.
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.