Timothy is 29 years old, married and blessed with a three-year-old child. He sells secondhand clothes so as to earn a living. He has employed two people to assist him in the business. He also operates a retail shop so as to supplement his income. Through Faulu Kenya, he has been trained in financial management. This has helped him to budget well in his business.
Timothy hopes to expand his business and employ more people. He needs a loan of 50,000 Kenya shillings to add to his stock of clothes.
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.