Jonathan is 25 years old, and single. He runs a tailoring shop where he makes dresses and sells to his customers. The business has been in operation for the last seven years, with an income of KES 10,000, a month.
Jonathan has never borrowed from any other MFI. This will be his fourth loan. He is applying for KES 50,000. He will use KES 20,000 to buy cloth, and KES 30,000 to cultivate land for planting crops.
With his profits, he plans to constructs a building for business use. He hopes to grow his business, and be financially stable 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.