Lucy is 37 years old and a single mother of two children, ages 20 and 14. She runs a beauty salon and has been in business for 13 years. Right now her monthly income from the business is 7,000 Kenyan shillings (KES).
She is borrowing a loan of 20,000 KES which she intends to use to purchase a dryer for salon work. She plans to repay the loan with the anticipated profit from the business and to open another business.
This her first loan and her hopes and dreams are to see her business grow to another level.
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.