Stephen is 36 years old, married and with three children. He does electronic repairs to earn a living. He has been in the business for seven years and has one employee. Also, he generates extra income from his rental houses and sells fish. He had acquired several loans from Faulu Kenya, which helped him expand his business. He hopes to enlarge his business in five years. He needs a loan of 100,000 KES to buy electronic spare parts.
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.