Magdaline is a 31-year-old single woman with two children. She distributes groceries and has a M-PESA business( which is known as local money transfer). Magdaline has been in this business for five years and earns a monthly income of KES 20,000.
This will be her first loan with KADET LTD, she plans to use the entire loan to buy more onions and potatoes from farmers to distribute to her customers. In future, she wants to buy land and work in horticulture farming.
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.