Joseph, 41 years old, is married and has three children. He has operated a business selling music discs and tapes for one year and describes his business environment as good because there is limited competition. Since he joined Faulu Kenya, Joseph has been able to save his income. He hopes to expand his business in the future. Joseph has applied for a loan of 20,000 Kenya Shillings (KES) to buy music discs and tapes.
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.