Benson is 50 years old, married, and supports a family of four. He runs a retail shop in Kapsabet town and this has been his income-generating business for the last four years. He gets an average monthly income of KES. 15,000.
He has borrowed a loan of KES. 30,000, and with this loan he intends to purchase more stock for his retail shop, i.e., a 50kg bag of sugar, 50kg of cooking fat, 100 bar soaps, and two bags of rice. He anticipates getting profits which he intends use to expand his business by increasing his stock to meet his clients' demand.
Benson hopes and dreams of saving money to enable him to pay school fees for his children as well as expand his business to a general goods wholesale shop.
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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.