Charles is 34 years old, married, and supports a family of five children aged between one year and 12 years. His spouse assists him in meeting some of their financial needs. Charles is a livestock trader and he has been in this business for the last six years.
Charles has borrowed a second loan of KES. 80,000 from KADET LTD after successfully paying for his first loan. He intends to use the whole amount of the loan to buy more goats and sheep for sale at a profit.
From this business he gets an average income of KES.32,000 a month. With the anticipated profits he intends to expand his business, and his future plan is to expand his business and venture into other businesses in order to diversify his sources of income.
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.