James K., age 40, has a transport business and he owns a motorbike that he uses to transport his clients. He has been in this business for the past five years and has created a sizeable clientele. He and his wife, Milliecent Anchieng, have four daughters and two sons between the ages of four and 16 years old. The family lives in the town of Migori.
James wants to buy a new motorbike, the purchase of which will create an employment opportunity for one person, and he needs to do maintanance on the old motorbike. For these reasons, James has applied for a loan of Kshs 80,000 from KADET Ltd. This will be his second loan.
He aspires toward buying a Nissan minibus in the future to help grow his transport business.
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.