Paul is 24 years old. He is married and has one child.
He runs a video shop where he provides a place for people to watch them. He has employed one person. In addition, he operates a mobile phone-based money transfer business (M-Pesa) to earn extra income. Since he became a client of Faulu Kenya, he has learned how to expand his business because he has received training on business management. He is requesting a loan of 20,000 KES in order to buy seats for his video shop.
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.