Samuel is 38 years old, married and with one child. He sells charcoal to make a living in a busy environment with readily available customers. He has been in the business since the year 2008. He had previously acquired a loan from Faulu Kenya which helped him to grow his business. He has also learnt the benefits of saving because he has been trained on financial management. He dreams of buying a pick-up for easy transportation of his supplies. He needs a loan of 60,000 KES to buy 50 bags of charcoal.
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.