Salim Mohamed is a 44-year-old bicycle repairer and spare parts dealer in Kibaoni Kilifi. He is married to Said Mohamed who contributes to their income and together they have three children. He has been in this business for the last twenty years and has done well.
He is now requesting his third loan with which he intends to purchase bicycle spare parts for resale. He will use the anticipated profit to buy a plot of land and build residential houses for rental.
In the future he would like to open up a retail shop for his spouse.
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.