Fredrick is 32 years of age, married to Mary, and blessed with four children, aged 12, 9, 7, and 3 years, respectively. He manufactures and sells molasses, a business he started seven years ago and he has steadily expanded his monthly income to KES 220,000, up from KES 70,000.
Fredrick has requested a third loan, in the amount of KES 100,000, to purchase a pickup truck for transporting molasses. The profit he earns will aid him in purchasing a lorry for transportation. His dream is to become a millionaire.
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.