Jeffers is a 36-year-old married man with one child. He has a motor bike, which he uses for his own transport, and he offers motorbike servicing to other people. He goes from one place to another within the city of Nairobi, servicing motorbikes. He has been doing this kind of trade for the last year. He stays in Zimmerman estate where operates his business. He is strategically placed because Zimmerman is a highly populated region and there is more need for motorcycle services.
Jeffers was introduced to KADET by a friend who was already a member. This is his first loan with KADET, having had no previous borrowing history. He wants to use the money from this loan to buy spare parts for servicing motorbikes, and to buy nine other motorbikes so that he can fully venture in to the taxi/transport industry. He will employ other people to manage the motorbikes for him.
He hopes to open and operate a garage and own at least 10 motorbikes.
About VisionFund Kenya
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.