Stephen, a 32-year-old, runs a retail shop. He has been in the business for three years and has employed two people. With the income from his business, he is able to raise his family, including educating his two children. He has grown his business with his previous loans from Faulu Kenya.
He has requested a loan of 30,000 Kenya shillings to buy sugar, maize flour, tissue paper, and rice.
Stephen hopes to open three outlets of his business 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.