Nephat has been extracting stones from quarries in Naivasha town for the last nine years. He is 39 years old, married to Lydia and they have six school going children.
He was introduced to KADET by one of our field officers and this will be his second loan. He paid his previous loan of 40,000 KES well and in good time. He used the previous loan amount to buy another quarry. He plans to use the loan amount to buy another quarry site and employ casual workers so that he may increase his production.
In future, Nephat hopes to grow and own many quarries.
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.