Faulu to lend small firms Sh1 billion in three counties

Nakuru County Governor Lee Kinyanjui (centre) signs the visitors book on July 18, 2021, during an event to officially open Faulu Bank’s new branch in Nakuru town. Looking on is the Bank’s CEO Apollo Njoroge (left) and George Maina, the Bank’s Board Chairman. PHOTO | NMG

Faulu Microfinance will lend more than Sh1 billion to small enterprises in Nakuru, Nyandarua and Laikipia counties, in a move set to help the bank grow its presence and revenues.

The funds are part of a Sh3 billion package targeting SMEs over the next three years.

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