50-year-old Mohammed is a carpenter. He and his wife have six children, two of whom are grown. He has been in the carpentry business for 25 years and sells to the locals of Malindi, especially for weddings and tourism. He earns a monthly profit of Kshs 16500.
This loan will enable him to finish a project he had already started by buying hardwood, paying salaries, and paying for miscelleneous expenses related to the project. He was introduced to KADET by an existing member of his group. With profits from this loan, he plans to buy a woodcutting machine. He also hopes to acquire a yard to sell timber and charcoal.
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.