Alphonce is a 50-year-old businessman who is married to Mary, a businesswoman. They are blessed with three children, two of whom are adults. He has been employed as a tutor at a college for the past 10 years with a monthly income of KES 7,500, which he uses to support his family.
Alphonce is applying for his first loan from KADET LTD, after being introduced by a KADET staff member. Alphonce will use the loan to build rental houses on his farm.
With the anticipated profit from the business, Alphonce will educate his children. His hope is to build as many rental houses as he can so he can improve his family's standard of living.
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.