Zakaria is 31 years old and married with one child who is in school. To earn a living, he operates a barber shop and a salon in the same premise. He has been engaged in this business for five years and has employed two people. In addition, Zakaria sells clothes to generate more income. He dreams of operating more outlets in a different location in the future. With the loan of 60,000 KES, Zakaria will buy a shaving machine, a blow dryer and hair oil.
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.