Walter is 46 years old and operates a posho mill (a grinding machine that crushes maize into maize flour), and also sells dry maize in Diani Mombasa. He is the father of three children; his wife also provides income for the family. He has been in this business for the last three years and has done well.
This loan marks his first borrowing from KADET LTD; he will use it to purchase dry maize for grinding in his posho mill, thereby growing his business. He will use the anticipated profit to pay his loan and educate his children.
He hopes to own a maize grain wholesale business in the future.
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.