To earn a living, he runs a motorcycle (locally known as boda-boda) transportation business, but he also operates an agro-vet chemicals' shop. He has been in these businesses for three years and earns a monthly income of approximately $10,000 KES from both businesses.
He is seeking his second loan, this time in the amount of 25,000 KES. He intends to use the loan proceeds to service his motorcycle and to buy more assorted chemicals and animal feed for sale in his shop. With the profits that he expects to earn as a result of the loan, he plans to purchase more inventory for his sales business.
In the future, he wants to be able to expand his shop into a wholesale sales operation. His dream is to expand his business to other towns and to provide his children with the best possible education.
About VisionFund KenyaVisionFund 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.
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Success!! The loan was 100% repaid