Meshack is 40 years old and from Nakuru. He is married to Jacqueline, who is a housewife, and they have two children, ages 8 and 4 years.
He is in the transport sector, where he uses a bicycle to carry his customers. He has been in this business for the past seven years.
Meshack feels that he needs to be more efficient and effective in this business. That is why he has applied for his third loan of KES 80,000 from Kadet Ltd to enable him buy a motorcycle, which is quicker than a bicycle.
Meshack's monthly income is KES 15,000. He intends to use profits from his expanded business in repaying his loan to Kadet Ltd. In the future, he hopes to buy a rickshaw.
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.