Njunge is 44 years old and married with two children. He does dairy farming to earn a living. He has been in the business for many years and has one employee. He sells milk to a dairy factory and hotels in Nairobi. His wife runs a green grocery to assist him with the family expenses.
Njunge saves his money with a group in Faulu Kenya called Ikinu Clean Shine which guarantees loans made to its members. He thinks that the addition of another cow will increase his output and therefore he has requested a loan of Kes 70,000 from Faulu Kenya to buy a dairy cow, animal feed, supplements and a chaff cutter.
Njunge hopes to become a large-scale farmer and improve his living standard in the future.
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.