John is thirty years old, married, and with one child. He runs a retail shop to earn a living. He has been in the business for seven years and employs one person. He describes his customers as low income earners because they live in slums.
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 of 50,000 Kenya Shillings to buy maize flour, cooking oil, rice and sugar 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.