Gideon is 40 years old, married and the father of three children. For the last 14 years, he has earned a living by repairing vehicles. His business is doing well and now has four employees and many customers. Since becoming a client of Faulu Kenya, he has started to save because he has learned about financial management. He hopes to expand his business in the future, employ more people and buy a piece of land. He is requesting a loan for 50,000 KES to buy spare parts.
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.