Bonface is 29 years old, married and a father of three. He is a mechanic by profession. He repairs vehicles in a busy environment and has three employees. He has operated the business for three years.
Bonface joined Faulu Kenya under the Ukilyo group. Since then, he has been able to employ casual workers in his business. He has previously serviced two loans from Faulu Kenya. Currently, he is requesting for a loan of 80,000 KES to buy paint and vehicle spare parts. He hopes to expand his business so as to make more profit. In five years, he wants to have his own business premises instead of renting.
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.