Samuel is a 28-year-old businessman. He is married to Monica who is a mixed crop farmer, and their marriage is blessed with two children, ages five and two. Samuel has been running a retail shop as his primary business and a barber shop as his secondary business, but he also gets support from his wife’s mixed crop farming business. From these combined businesses the family is able to raise a monthly income of about KES 60,000, which is used to support the family.
He is applying for his second loan term with KADET after repaying the previous loan successfully. Samuel will use the loan to buy sugar, tea leaves, bar soaps and cooking fat for his retail shop, and some of the money will be used in preparing his land for farming. With the anticipated profit from his businesses he intends to start a wholesale shop.
Samuel hopes to buy a big piece of land for large scale farming.
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.