Geoffrey A. is a 25-year-old, enterprising man from Kisumu, a city along the shores of Lake Victoria. He is married to Janet who sells vegetables. They have two children aged two and four years.
Geoffrey operates a motorcycle transport business in Kisumu (a business locally known as Boda Boda). This form of transport is becoming popular in many rural areas of Kenya since it is cheap and convenient. Kennedy is taking a first asset loan from KADET Limited to buy another motorcycle. He plans to pay back this loan well so that he can qualify for more loans in the future.
Geoffrey will use the profits to pay for the loan and also to save so that he can buy another motorcycle: his long term plan is to own a transport business (taxi company) that can support his family in terms of their basic needs.
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.