Wycliffe, 44 years old, is from Nakuru. He is married to Alice and they are blessed with three children who are fifteen, eight, and six years old.
He is in the business of selling cakes and buns, which he has been doing for the last 20 years. To enable him to buy some baking flour, sugar and cooking fat to use in the preparation of cakes and buns, he has applied for his second loan of KES. 20,000 from VisionFund Kenya.
His monthly income right now is KES. 10,000 and he has plans to use the profits anticipated from his expanded business to pay back his loan to VisionFund Kenya, educate his children and start a business for his spouse. In the future, Wycliffe hopes to be financially stable.
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.