A loan of $675 helped to increase her stock of shoes and fabrics.

Monica's story

Monica is a 30-year-old mother of one who sells fabrics and shoes and owns rental houses in Nairobi. Monica has been in these businesses for the past three years. Previously, she sold secondhand clothes.

Monica is requesting her first loan of Ksh 50,000 in order to increase her stock of shoes and fabrics. She hopes to one day own a wholesale shop. In the future, Monica would like to educate her son and build a good home.

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.

Loan details

Lenders and lending teams

Loan details