Philip is 66 years old and a business man. He is married to Elizabeth, a mixed crop farmer. They are blessed with two adult children. He has been running an agro vet business for the past six years, earning a monthly income of 30,000 KES, which he uses to support his family.
He is applying for his fifth loan from KADET LTD, after repaying the previous loans successfully. Philip will use the new loan to buy more stocks of seedlings and agro chemicals to resell.
With the anticipated profit from the business he will educate his children and invest in farming. His hopes and dreams are to expand his business and be a leading agro vet outlet in Matuu Town, in the eastern part of Kenya.
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.