Mary is a focused business-woman aged 29. She is a single mother of a three-year-old child. For the past three years, she has been running a beauty salon. The major challenge she faces is competition but she is able to retain her customers because of her good services. Mary has requested a loan of 40,000 Kenya shillings to buy hair braids and hair chemicals. In the next 5 years, she wants to expand her business.
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.