John is 31 years old, and has one wife. For the last three years, he has earned a living by selling goods from his general store in Malindi; he earns a monthly profit of KES. 12,000.
He was introduced to KADET LTD by our credit officer, and is applying for his first loan of KES. 20,000, which he will use to buy additional stock such as soft drinks, cooking oil, and food, such as flour, to sell to his customers. He will use the profits made possible by this loan to look after his small family for now, while continuing to gradually expand the business.
His goal for the future is to continue growing the business so that he can give his family a good and stable life.
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.