Josephat is 30 years old, married, with one child. He is in the phone accessories and repair business and has been in operation for the last four years earning KES 8,000 monthly.
He is applying for his third loan of KES 60,000 from KADET LTD. He will use the loan to purchase hand set covers, batteries, and phones for resale.
He plans to plough the anticipated profits back into his business and also use some for loan repayment. His hope is to pursue a Degree course in Information Technology.
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.