James is 36 years old, married, and the father of three children. For the last seven years, he has earned a living by repairing bicycles for residents of Mpeketoni, Lamu. He earns a monthly profit of KES 15,000.
He was introduced to KADET LTD by one of our credit officers. He is applying for his third loan of KES 50,000, to buy additional equipment such as wrenches and a small welding machine for his business, which he is seeking to expand.
He will use the profits to pay his children's school fees as well as to continue looking after his family. His goal for the future is to turn his workshop into a welding business, whereby he would be repairing almost anything that involves metal. This will enable him to improve his earnings and lift up his family's financial stability.
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.