Dominico is 59 years old, and father of three children, all of whom are currently studying in school. For the last three years, he has earned a living by selling goods and services from his general store in Lamu, where he earns a monthly profit of KES 20,000.
Dominico was introduced to Kenya Agency for Development of Enterprise and Technology (KADET) by a credit officer, and he is applying for his third loan of KES 40,000 to purchase additional stock needed for his business. He will use the profit from the business to pay for school fees, purchase food for the family and expand the current business.
Dominico hopes to own his own supermarket in the future so as to improve his financial stability.
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.