Peter is 37 years old, single, and supports one of his siblings. He runs a retail shop in Kaptumo Location which has been in operation for a period of over 10 years, earning him an income of about KES 10,000 monthly.
He is borrowing his sixth loan from KADET LTD after repaying the previous one successfully. He intends to use this amount to purchase sugar, tea leaves, bread, wheat flour, maize flour and cooking fat for resale in his shop. The profits he earns will be used to repay the loan and pay school fees for his sibling.
He hopes to have a family and expand his 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.