Jane M., 42, is a single lady. She has been in the salon business for 12 years, where she manages to raise a profit of 16,000 KES monthly. The fact that she has been in the business for a long time has made her gather enough expertise which enables her to win and maintain old clients thus making her successful.
She has applied for a loan of 80,000 KES, which she intends to use to buy enough stock for the salon work. Her purchases will include cosmetics, chemicals, and some equipment like hair dryers so that she can improve the services she offers to her clients.
Jane plans to use the anticipated profits to run a beauty shop alongside the salon. This being her third loan, after successfully repaying the previous loans, indicates that she is doing well. She hopes and dreams to own a premises in the future.
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.