Elizaban, age 32, operates a retail shop where he sells kerosene. He has been in the business for seven years and has three employees. He describes his immediate environment as competitive.
He is the recipient of a previous loan from Faulu Kenya, which helped him grow his business. He has also learned how to better manage his business because he has received training in business management.
He is now requesting a loan in the amount of 100,000 KES in order to buy kerosene to offer for resale.
Elizaban dreams of expanding his business and becoming more successful in future.
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.