Muli, 50 years old, is married and blessed with five children. For the last 14 years, he has run a tire repair and sales business in Marigat, earning an average monthly income of KES 30,000.
Muli has borrowed a third loan of KES 50,000, after successfully repaying his previous loan. He intends to use this loan to purchase new and used tires for resale. He anticipates getting profits which he will use to expand his business. Muli hopes to improve his living standards and save money to start an auto parts business.
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.