Alice is 47 years old and a mother of four children, who are all in school. For the past three years, she has earned a living by selling goods and services from her general store in Mpeketoni, Lamu. She earns a monthly profit of KES 17,000 from this business.
Alice was introduced to KADET LTD by a credit officer, and she is applying for her fifth loan now, in the amount of KES 85,000. She will use the loan to purchase additional stock to resell at her store, including sugar, salt, tea leaves, and packets of sweets. She will use the profit from the business to pay school fees, purchase food for the family, and expand the current business. She hopes to own a supermarket in future, so as to improve her family's 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.