Josephine has a cereals shop in Oloitoktok town and has been in this business for four years now. She is 43 years old and widowed with one child. She earns a monthly income of KES 8,000. She also has a mobile money transfer business.
Josephine plans to use this loan to buy maize and rice to sell in her business. This will enable her to meet her customers' needs, as well as earn more income. She will use the anticipated profits to educate her child. This is her third loan term and she repaid all her previous loans successfully.
In the future, Josephine hopes to educate her child and build her own house.
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.