Charles does a tailoring business in Nairobi town. He is 45 years old, married and has five children. He has been in this business for the past 21 years and it has been profitable. He gets a monthly income of 7,000 KES.
This will be his fifth loan term from KADET LTD and he plans to use the loan amount to buy more stock of textile materials for sewing. He also plans to buy more threads, buttons and zips as well as an iron box. He will use the generated income to buy another sewing machine.
He hopes to expand his business and open another tailoring shop and hence, to make more income and be able to provide for the needs of his family.
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.