Eliud is a 36-year-old businessman who is married to Ann, who is a farmer. They are blessed with one child aged 3 years. He has been selling timber as a primary business and farming as a secondary business for the past 6 years with a monthly income of KES 10,000, which he uses to support his family.
He is applying for his second loan term with KADET after repaying the previous loan successfully. Eliud will use the loan to buy a power saw and fertilizer for his farm. With the anticipated profits from the two businesses, he will educate his child and save for the future.
He hopes to buy a piece of land and venture into tea farming, which will help him improve the living standards of the family.
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.