Joseph is 24 years old. For the past four years, he has earned a living by offering point-to-point transport services in Malindi town, from which he earns a monthly profit of KES 8,000.
He was introduced to KADET LTD by a credit officer and is applying for his second loan, in the amount of KES 40,000. He is going to use a portion of the loan to service and repair his motorbike and use the remaining amount to put up a fruit and vegetable kiosk for his sister to run.
He will use the profits to invest back into his business. His goal for the future is to continue growing his businesses, so that he would improve his 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.