Stephen, who is 26 years old and single, has a motorcycle with which he does a transport business in Nakuru town. He has been in the business for three years and it has been profitable.
This is his second loan term and he plans to use the loan amount and add to his savings so as to buy another motorcycle. He will use the generated income to buy another motorcycle.
He hopes to expand his transport business by buying a lorry.
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.