Thomas, aged 42, is a married man and father of four children, ages 12, 7, 4 and 1. He sells fish and also has a spare parts shop in Muhoroni. These businesses have been in operation for a period of over 15 years, earning him a monthly income of 40,000 KES.
He is requesting a third loan of 35,000 KES from KADET, after having successfully repaid his previous loan. He intends to use this amount to purchase a refrigerator for his fish selling business. The profits he earns will go back to his fish business and toward repaying the loan.
Thomas hopes to diversify his business, to start a hotel business and also to educate his children.
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.