Francis has a barber shop in Kangundo town and he has been running this business for the last year. He is 24 years old and married, with no children. He supports his younger brother. Besides the barber shop, Francis also has a mobile money transfer business.
Francis will use this loan to buy shaving machines and other items for use in his business, such as hair oil, towels, shampoo, and hair brushes. He will also use part of the loan as money float for his mobile money transfer business.
Francis will use the anticipated profits to save for his family's future needs. This is his first loan term and he hopes to give his family a good life as well as to pay school fees for his brother.
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.