Richard is 31 years old from Nakuru. He is married to Mary and they are blessed with two children aged 11 and 8 who are attending school.
Richard is in the transport business. He uses his bicycle to ferry his customers for a fee.
To enable him to buy two more bicycles for increased income, he has applied for his second loan of 16,500 KES from VisionFund Kenya. His monthly income right now is 10,000 KES and he hopes to use the anticipated profits from his expanded business to pay his loan to VisionFund, educate his children, and start a business for his spouse.
In the future, Richard hopes to buy a rickshaw.
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.