Lonah is a 35-year-old married woman with two children; she sells wooden carvings to earn a living. She has been in this business for eleven years and has one employee. Lonah earns additional income working as a poultry farmer. She previously received a loan from Faulu Kenya that has helped her grow her business.
Lonah has been able to increase her savings because she has been trained on financial management. She hopes to expand her business in the future. She needs a loan of 100,000 KES to buy wooden carvings.
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.