Isaack is 27 years old, married, and supports a family of three children between the ages of 4 years and 7 years; his spouse supports him in meeting some of their financial needs. Isaack runs a motorcycle transport business in Kapsabet town in Nandi County. He has been in this business for the last five years, and this business generates an average profit of 10,000 KES a month.
Isaack has borrowed a loan of 100,000 KES with Kadet Ltd, and he intends to use the whole amount of the loan to purchase a new motorbike to expand his transport service business. With the anticipated profits, he intends to expand his business by starting a tea farming business to diversify his sources of income, and also to pay school fees for his children.
His hope is that he will be able to repay the loan in time as well as expand his business.
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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.