Patrick is 30 years old. He is married and has one four-year-old child. He sells mobile phones and accessories to earn a living. He has been in business for five years and employs one person. He describes his business environment as busy because many customers visit him daily.
He has applied for a loan in the amount of 50,000 KES to buy mobile phones and accessories. Since he joined Faulu Kenya, he has been able to save his income. He hopes to be financially stable in the future.
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.