Raphael is 33 years old; he is divorced from his wife and has a five-year-old child. He has been selling vehicle spare parts for the past five years. He has a monthly income of KES 10,000, which he uses for his child’s needs.
He is applying for his first loan with KADET LTD after being introduced by an existing KADET customer. Raphael will use the loan to buy wrenches, oil and wheels to add to his business.
With the anticipated profit from the business he will educate his child. His hopes and dreams are to open a car wash business and expand the spare part selling business, which will help him improve his child's living standards.
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.