Bernard is a father of four who lives with his wife and children in Machakos. He operates a Mutongoni cafeteria to provide for his family. His wife assists him to run the business along with two other employees. Bernard has the skills to run a cafeteria because he was previously employed in a hotel. He also operates a taxi business to supplement his family’s income.
Bernard, who has been running his cafeteria for twenty five years, joined a group called Ushindi Thiliu in Faulu, Kenya. He saves his money with the group on a weekly basis. He has requested a loan of 40,000 KES to buy wheat flour, sugar and cooking fat as ingredients for cooking. He hopes to buy another car for his taxi business to increase his income.
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.