Phoebe is a 26-year-old business lady. She operates a boutique, where she sells clothes and handbags. Her customers are mainly middle-income earners.
She is married and a mother of one child who goes to school. She is requesting a loan of 50,000 Kenyan shillings to buy handbags, dresses, trousers, sweaters, suits, baby clothes and shirts, among other clothing for sale. She hopes to acquire several plots of land and develop them for rental purposes 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.