Enock K. is 30 years old and married to Irene Chemuge, who is a farmer. They have been blessed with one child, Kemboi K., who is one year old.
Enock owns a mobile phone accessories shop in Kabarnet Town, where the residents are his main customers. Enock gets a profit of Kshs 21,000 from this business and others sources of monthly income.
Enock was introduced to Kadet Ltd. by a friend who had already joint Kadet. He has borrowed a loan of Kshs 53,000, which is his third loan from Kadet. He plans to use Kshs 45000 to purchase charcoal for his business. The remaining amount will be used to pay rent and other overhead costs of the business.
If this loan boosts his business, Enock will use the extra profit to expand the business. His dreams of having a good business future and, thereby, being able to purchase a car. He describes himself as hardworking and honest.
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.