Fred is 38 years old, married, and has four children. He performs mobile phone repairs to earn a living, which he has doing for 10 years. He also earns extra income from his rental houses.
Fred is requesting a loan for 53,156 KES, which he will use to buy mobile phone accessories. Since he joined Faulu Kenya, he has improved his standard of living because his business has grown. Fred hopes to become more financially stable 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.