John is 60 years old, married and has two children. He sells cereals to earn a living. He has been in the business for nine years and has employed one person. Besides this, he also does farming to supplement his income.
John had previously acquired a loan from Faulu Kenya which helped him to grow his business. He hopes to open another outlet in the future. He has requested for a loan of 80,000 KES to buy maize, beans and peas to sell.
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.