Micheal is 39 years old. He is married and has been blessed with two children. He has been running his business of selling vehicle spare parts for 13 years now. He currently makes an estimated monthly income of 82,000 KES (Kenyan shillings).
He would like a loan of 100,000 KES, through which he will expand his business by buying more motor vehicle spare parts to sell to clients in his area. This will increase his income. He has successfully repaid his previous loan, this being his fourth loan term.
He will use his anticipated profits to expand the business further. In the future, he hopes to open more shops for selling spare parts to expand his market. He also hopes to keep his family well provided for.
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.