Simion is a married man, aged 27 years old, and has no children yet. His main business is a motorcycle spares shop in Kapsabet town and it has been in operation for a period of four years, earning a monthly income of KES. 30,000.
He is taking out his second loan of KES. 60,000 from KADET LTD and intends to use this amount to purchase motorcycle spare parts, i.e., bearings, tubes and reams for resale.
The anticipated amounts will be used to plough back into the business. His dream is to prosper in business.
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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.