Mwenda is 34 years old, married, and the mother of three children. She sells charcoal in Malindi town and has been in the business for the last three years earning a monthly income of about Kes 9,000.
She was introduced to KADET LTD by a credit officer, and she is applying for her third loan of Kes 20,000, which she intends to use to buy additional stock of charcoal for resale. She will save the anticipated profit and help pay school fees for her children.
In future, the client hopes to grow her business and open her own depot in the local area.
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.