Philip is 32 years old, married and has one child. He used to run a motorcycle transport business, but now to earn a living he operates a barber shop in a busy environment with reliable customers. He has been in the business for three years and has employed one person. To supplement his income he also works as a dairy farmer. He is requesting for a loan of 100,000 KES to buy shaving machines and hair oil. Philip dreams of opening another outlet in a different location in the 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.