He has been running his cereals shop business for the past eight years. He earns a monthly income of about KES 40,000 that he uses to take care of his family and pump back into the business.
He has been loaned KES 30,000 by KADET Ltd. He intends to use the loan to purchase more stock such as wheat flour, rice, maize, beans and peas in bulk.
He plans to use the anticipated profit to open another cereals shop.
In the future, he hopes to open a mill.
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.