Francis is a retail businessman who deals with household goods and farm equipment. These include boxes, clay cookers, frying pans, poultry feeding troughs, among other items. He is 40 years old and married. He has three children, ages between 5 and 20 years old.
He has been running his retail business for 15 years, and it has been profitable. He plans to use the loan to increase his stock of goods, such as cooking pans, kitchen utensils, as well as water cans. He also plans to use part of the amount to pay school fees for his children.
Francis will use the anticipated profits to pay his house rent and children's school fees. This is his 3rd loan term, and he paid all his previous loans successfully.
Francis' dreams and hopes for the future are to provide the best education for his children and improve the living standards of his family.
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.