Mogambi is 39 years old and married with two children aged 2 and 4. He runs an electronics shop where he sells electrical wires and electronic accessories to earn a living. He has been in the business for 12 years, and he has employed one person. Since he joined Faulu Kenya, he has been able to expand his business. He hopes to be financially stable in the future. He has applied for a loan of 100,000 Kenyan shillings to buy electrical wires and electronic accessories.
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.