Teresa A. is thirty-six years old and married to Isaac Bundotich, who is a forty-two-year-old policeman. They live in Kapkokwon and have four children, who are between five and fourteen years old.
Teresa is a charcoal dealer; she started this business two years ago. This business has been earning her a monthly profit of 8,000 Kenyan shillings (KES), along with 5,000 KES from other sources. She does her business in Kabarnet Town next to Kobil Petrol Station. Her customers are residents of Kabarnet Town.
Teresa has no previous credit history. She was introduced to KADET by an already existing customer. She has borrowed a loan of 10,000 KES, which she will use to purchase charcoal stock worth 10,000 KES. If this loan boosts her business, she will use the extra profit to invest in a retail shop.
Teresa hopes to open a wholesale depot for charcoal. She describes herself as hardworking.
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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.