Francis is 31 years old and comes from Nyahururu. He is married to Nyawira who is a housewife and they have one child aged three years old.
He is in the transport industry using his motorcycle to carry milk for the neighbors to the dairy shops, this is a business he has been carrying out for the last four years. Owing to the large number of customers that Francis has, he feels that he needs to buy an additional motorcycle and to enable him to do this, he has applied for his first loan from Kadet Ltd of Kshs. 85,000.
His monthly income right now is Kshs. 20,000 and he plans to use profits from his expanded business to buy a motor rickshaw.
In the future, Francis hopes to buy a pick-up so as to be more effective and efficient in his transport services.
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.