Francis is a 35-year-old man from Kisumu City and is married to Millicent. They have two children, aged 12 and 8 years.
Francis sells secondhand shoes. He has been operating this business for the last 18 years, and makes a monthly income of KES. 20,000. He is now taking his fourth loan from KADET LTD which he will use to buy a stock of secondhand shoes for sale.
He plans to save the expected profits in a bank account and also cater for other household expenses.
His dream is to open another stall.
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.