Faulu Microfinance officials have camped in Kitui county for the last two days in a bid to expand their business and effectively reach their customers.
Today,(Wednesday) Governor Ngilu opened Faulu Microfinance that is under UAP Old Mutual group in Kitui town where she called upon new Micro Finance Banks to extend investments in the county citing that her government will continue supporting small and micro businesses.
This event followed a similar one which took place yesterday (Tuesday ) where Faulu Mwingi Branch was officially opened by Kitui Deputy Governor,Dr. Wathe Nzau accompanied by several members of county assembly, Faulu bank Managing Director, Apollo Njoroge among other officials.
The governor encouraged Kitui people to support all micro finance institutions across the county that continue to be a source of capital for many emerging and successful business lot in the county.
Ngilu said the presence of Faulu and other micro finance institutions gives Kitui people opportunities to access finance with which they drive and promote their businesses and providing capital, through which many people acquire technology, increase productivity and lift the county out of poverty.
“I note that Faulu offers a unique blend of Banking and insurance services under one roof. Indeed, over the years, Faulu and UAP old Mutual group have facilated financing of premiums for medical covers and rehabilitation of health facilities that has boosted quality of Service, Your opening of the Kitui and Mwingi branch is both strategic and timely for us all” added the governor.
Faulu Board of Directors Dr Catherine Kimura extended her gratitude for the exemplary support that they continually get from Kitui people.