Albert runs a butcher shop as his primary business and also sells clothes, a business managed by the wife. He has been doing these for the last five years, and earns a monthly profit of KES. 25,000. His other source of income is through farming. He is 32 years-old and married to Mary. They have two school going children.
He has applied for his third loan of KES. 50, 000 from Kiva partner KADET LTD, and he plans to use part of the loan to buy more stock of meat to sell, and also buy more clothes for sale during high season.
The anticipated profits he will save and provide for the family basic needs. In the future, he hopes to grow his business and 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.