Muinde is 49 years old and the father of 4 children, of whom all are currently studying in school. For the past 30 years, Muinde has earned a living by selling goods and services from his general store in Malindi, where he earns a monthly profit of 28,960 KES.
Muinde was introduced to Kenya Agency for Development of Enterprise and Technology (KADET) by a credit officer and he is applying for his second loan of 60,000 KES to purchase additional stock needed for his business. He will use the profits from the business to pay for school fees, purchase food for the family and expand the current business. Muinde 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.