John is a 31-year-old man from Kisumu City. He is married to Mary, who operates a hotel in the city, and they have three children.
John runs a mobile phone accessories shop in Kisumu and has been doing this for the last two years. He makes a monthly income of 30,000 Kenyan shillings (KES). He is taking his first loan which he will use to buy mobile phone chargers, mobile phone spare parts and other phone accessories.
From the profits, John intends to inject some capital into his wife’s hotel business so as to increase the family income and also pay back his loan. His hope is to own a big mobile accessories shop where he can sell items at wholesale to other small scale traders.
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.