Peter is 41 years old and married with two children. He has a taxi cab transport business to earn a living. He has been in the business for 4 years and describes his business environment as good for business because there is limited competition. To earn additional income, he does farming.
Since he joined Faulu Kenya, Peter has been able to pay school fees for his children and hopes to buy another car (taxi) in the future. He has applied for 20,000 Kenya Shillings (KES) to buy tires for his car.
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.