Graace is a 49-year-old lady who is married and has ten children. Her children go to school.
Graace has been operating a retail shop for five years. She started this business because her salary could not support her big family. She is in a group of ladies who are entrepreneurs called Furaha Ladies in Faulu, Kenya. She joined this group with an aim of sharing business ideas, saving money and being guaranteed a loan by the group members. She is requesting a loan of Kes. 30,000 from Faulu Kenya. She wants to use this money to buy sodas, sugar, cooking fat and cakes.
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.