Jacob is a married man, age 26 and blessed with a one year old. He supports a family of three members. He owns a food cafe in Eldama ravine and has been in the business for three years, earning an income of KES 15,000 monthly.
He joined a self-help group and is now servicing his first loan of KES 20,000. With the money, Jacob intends to purchase stocks of cooking fat, sugar, salt, wheat flour. etc. for his business. The anticipated amounts will be used to repay the loan.
His hope is to expand his current business for a better living.
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.