Mohamed is fifty years old, married and blessed with five children aged 26, 24, 22, 18 and 16. He has been in the Matatu (a Public Service Vehicle - or minibus) business for fifteen years and earns a monthly income of KES 25,000.
He is requesting a loan of KES 20,000 to purchase an engine for his Public Service Vehicle. His profit will help him repay his loan. This is his first loan.
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.