Eliud is married and blessed with two children, all of whom attend school. For the past seven years, he has been operating a business selling household utensils such as cooking pans, spoons and plates. He employs one person to assist him in running the business.
Eliud is requesting a loan of 80,000 Kenya shillings to buy cooking pans, stoves and basins for resale. In the next five years, he wants to expand his business into wholesale. Thanks to Faulu Kenya, he has become more business-oriented.
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.