Michael is 39 years old, married and has three children. He has been selling charcoal for the past ten years and also roasts maize and sweet potatoes for extra income. He is very hard working because he has to provide for his family. Since he joined Faulu Kenya, he has learnt how to save his money.
He wishes to grow his business into a wholesale enterprise and also to open a barber shop. He requests a loan of 105,300 KES to buy sacks of charcoal.
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.