{"id":114796,"date":"2024-03-14T18:17:21","date_gmt":"2024-03-14T18:17:21","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women"},"modified":"2024-03-14T19:26:36","modified_gmt":"2024-03-14T19:26:36","slug":"faulu-bank-expands-tailored-products-to-empower-women","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women","title":{"rendered":"Faulu Bank expands tailored products to empower women"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Faulu Bank has reaffirmed its commitment to developing innovative financial products tailored to the unique needs of its women clientele.<\/p>\n

Boasting over 108,000 women customers, the bank has designed tailored products targeting women from all walks of life, including but not limited to business banking, training on financial wellness, education, insurance, and investment.<\/p>\n

\u201cWomen are a very important segment of our clientele and we are constantly evaluating their needs to come up with products that transform their lives and their families,\u201d said Faulu Bank\u2019s Acting CEO Julius Ouma said.<\/p>\n

According to him, tailored financial solutions are designed to meet the diverse needs of women, empowering them to achieve their goals and aspirations.<\/p>\n

“Women make up 49.6 per cent of Kenya\u2019s population and play a major role in the country\u2019s economic development.”<\/p>\n

At least 31.4 per cent of the formally licensed SMEs and 61 per cent of the informal SMEs are owned by women, making them a core demographic for the banking business.<\/p>\n

For the professional woman, the bank provides an array of products designed to provide financial stability and security.<\/p>\n

These include access to finance for emergencies, education policies for children, easy access to their funds, investment channels, among others. Core products such as Faulu personal loans, salary advances, and salary accounts have been developed to meet the specific needs of working women.<\/p>\n

Entrepreneurial women are also catered to through the Biashara SME Loans and a range of other offerings designed to support business growth and sustainability.<\/p>\n

Products like LPO financing and Digi Loans provide short-term financing solutions while investment accounts offer avenues for long-term wealth creation.<\/p>\n

The bank also offers specialized products such as the Nafaka Inputs Loan, Kilimo Bora Loan, and Maziwa Loan to facilitate farming practices. Additionally, the bank provides agricultural insurance and financial literacy training focused on enhancing agricultural productivity.<\/p>\n

For the family-oriented woman, the bank’s products such as the Elimika Education Plan and Afya Imara Health Cover ensure peace of mind by addressing education planning and healthcare needs.<\/p>\n

The Lady Auto Cover provides comprehensive insurance for private cars with special extensions catering to various contingencies.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Faulu Bank has reaffirmed its commitment to developing innovative financial products tailored to the unique needs of its women clientele. Boasting over 108,000 women customers, the bank has designed tailored products targeting women from all walks of life, including but not limited to business banking, training on financial wellness, education, insurance, and […]<\/p>\n","protected":false},"author":84,"featured_media":114795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[6857,7003,544],"class_list":["post-114796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nFaulu Bank expands tailored products to empower women - kenya<\/title>\n<meta name=\"description\" content=\"Faulu Bank has reaffirmed its commitment to developing innovative financial products tailored to the unique needs of its ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Faulu Bank expands tailored products to empower women\" \/>\n<meta property=\"og:description\" content=\"Faulu Bank has reaffirmed its commitment to developing innovative financial products tailored to the unique needs of its ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-14T18:17:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-14T19:26:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Faulu Bank expands tailored products to empower women\",\"datePublished\":\"2024-03-14T18:17:21+00:00\",\"dateModified\":\"2024-03-14T19:26:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women\"},\"wordCount\":370,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women\",\"name\":\"Faulu Bank expands tailored products to empower women - kenya\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg\",\"datePublished\":\"2024-03-14T18:17:21+00:00\",\"dateModified\":\"2024-03-14T19:26:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Faulu Bank has reaffirmed its commitment to developing innovative financial products tailored to the unique needs of its ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg\",\"width\":800,\"height\":500,\"caption\":\"Faulu Bank expands tailored products to empower women\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/kenya\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Faulu Bank expands tailored products to empower women\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/\",\"name\":\"kenya\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Faulu Bank expands tailored products to empower women - kenya","description":"Faulu Bank has reaffirmed its commitment to developing innovative financial products tailored to the unique needs of its ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women","og_locale":"en_US","og_type":"article","og_title":"Faulu Bank expands tailored products to empower women","og_description":"Faulu Bank has reaffirmed its commitment to developing innovative financial products tailored to the unique needs of its ...","og_url":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women","og_site_name":"kenya","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2024-03-14T18:17:21+00:00","article_modified_time":"2024-03-14T19:26:36+00:00","og_image":[{"width":800,"height":500,"url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Faulu Bank expands tailored products to empower women","datePublished":"2024-03-14T18:17:21+00:00","dateModified":"2024-03-14T19:26:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women"},"wordCount":370,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg","keywords":["Africa Press","Africa Press-Kenya","Kenya"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women","url":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women","name":"Faulu Bank expands tailored products to empower women - kenya","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg","datePublished":"2024-03-14T18:17:21+00:00","dateModified":"2024-03-14T19:26:36+00:00","author":{"@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Faulu Bank has reaffirmed its commitment to developing innovative financial products tailored to the unique needs of its ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#primaryimage","url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg","contentUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/03\/sm_1710431456.942668.jpg","width":800,"height":500,"caption":"Faulu Bank expands tailored products to empower women"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/kenya\/all-news\/faulu-bank-expands-tailored-products-to-empower-women#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/kenya\/"},{"@type":"ListItem","position":2,"name":"Faulu Bank expands tailored products to empower women"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/kenya\/#website","url":"https:\/\/www.africa-press.net\/kenya\/","name":"kenya","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/114796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/comments?post=114796"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/114796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media\/114795"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media?parent=114796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/categories?post=114796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/tags?post=114796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}