Peter is 45 years old and married with two children. He sells timber in a busy environment to earn a living. He has been engaged in this business since the year 2000. Besides timber sales, he also runs a transport business to supplement his income.
Peter had previously acquired a loan from Faulu Kenya, which helped him grow his business. He has also learned how to manage his business because he has been trained in business management. He dreams of expanding his business and becoming successful in the future. He has requested a loan of 30,000 Kenyan shillings (KES) to buy timber 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.