A loan of $525 helped purchase more stock for his food kiosk.

Peter's story

Peter is a 24-year-old father of one child. He owns a food kiosk serving beef, beans, chapati, ugali, and other traditional Kenyan food. Previously, Peter ran a general produce stand for two years. He has requested a loan of 40,000 KES in order to add stock and boost his income. This is Peter’s second loan; his first loan of 20,000 KES allowed him to open the food kiosk, as well as a stall to sell CDs. In the future, Peter hopes to diversify his business, purchasing transport vehicles and rental homes. He also hopes to educate his children in a good school, and live a comfortable life.

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.

Loan details

Lenders and lending teams

Loan details