Stephen N. is 31 years old and a business man in Kilifi town. He is single and has no children. Stephen has rented a stall where he sells a wide variety of clothes. His business has been there for the last seven years and it has been growing with time.
Stephen has been able to borrow and successfully repay two loans from KADET and is currently borrowing a third loan of 80,000 KES. He plans to purchase more stock of men’s wear and an assortment of Khangas (African printed materials) for the women.
Stephen hopes to expand his business by investing the profit he is making back into his business. He also hopes to open a new stall in the same market in Kilifi.
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VisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.