James is 61 years old, married and a father of five children. For the last three years, he has earned a living by renting rooms for residents of Malindi. He earns a monthly income of KES. 26,000 from the business.
James was introduced to KADET LTD by a credit officer, and is applying for his fourth loan. He has requested a loan of KES. 80,000 to repair his rental rooms for his business, with a view to making them more likable and appealing. James will use the profits made possible by this loan to pay school fees for his young children.
His goal for the future is to keep on growing the business by building more rooms so that he may improve the financial stability and living standards of his family.
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.