Patrick is 32 years old. He is married and has three children. He earns a living by selling tomato sauce and he has been in business for four years. He is very hard working and, since he joined Faulu Kenya, he has been able to save his money and also increase his profits.
He wishes to expand his business and own a wholesale shop. He is requesting a loan of 42,727 KES in order to open a another retail business outlet, and the loan will help him buy storage containers and other ingredients of making tomato sauce to put in the outlet.
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.