Peter is 63 years old and a hardworking father of four children. For five years, he has been operating a general store to earn a living. He operates his business in a high-traffic area. In addition, he does horticultural farming to supplement his income. He had previously acquired a loan from Faulu Kenya, which helped him to grow his business. With the additional income, he was able to purchase a piece of land. He dreams of expanding his business in the future. He has requested a loan of 100,000 KES to buy bundles of sisal ropes 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.