James is a 25-year-old, very hardworking gentleman who supports his parents. He has been running a phone accessories shop for the last two years with a monthly income of about 20,000 Kenya Shillings (KES). He learned about KADET from some of his friends who are funded by KADET Ltd. He now wants to expand and diversify to a motorcycle transport business, which is a booming business in the town.
James has acquired his first loan of 87,880 KES, which will facilitate purchasing a motorcycle. He is likely to earn more due to the increased demand for this kind of transport, which is necessitated by the poor road network. James plans to use the proceeds to repay his loan as well as boost his savings account. He hopes to expand his business to a highly profitable venture. He is an industrious gentleman who is determined to achieve his goals and attain financial stability.
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.