Rufas is 68 years old, married, and they have been blessed with nine children. He hawks household goods from one place to another which is locally known as mali kwa mali and transportation and he has been in business for 19 years. Right now his monthly income from the business is about KES 49,000.
He is borrowing a loan of KES 100,000 with which he intends to add more stock of maize flour, detergents, bales of wheat flour and soft drinks to sell in his business.
He will use the anticipated profit to expand his business. This is his sixth loan and he successfully paid his previous loan.
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.