John is a 32-year-old, married man with two children. He runs an electronics shop to earn a living. He has been in this business for six years and has employed one person.
John describes his business environment as competitive because many people do the same business. Since he joined Faulu Kenya, he has been able to grow his business and hopes to be financially stable in the future. He has applied for a 60,000 KES loan to buy radios and televisions to sell.
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.