Jacob is 36 years old, married and has been blessed with four children who are all in school. He has been in business for four years and also earns an income from farming. He is very hardworking and responsible, as he has to support his family. Through the financial support of Faulu Kenya, he has grown his business tremendously and increased his capital.
He hopes to expand his shop. He wants a loan of 20,857 KES (Kenyan shillings) to buy maize flour, rice, sugar, soaps and cooking oil.
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.