Sefu is 43 years old and married with two children. He sells bulbs, televisions and sockets to earn a living. He has been in the business for five years and describes his business environment as favorable because there is limited competition. Since he joined Faulu Kenya, he has been able to save his income and hopes to expand his business in the future. He has applied for a loan for 60,000 Kenyan shillings (KES) to buy bulbs, televisions and sockets for sale.
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.