Erick is 40 years old, married, and a father of two children. For the last seven years, Erick has been earning a living by operating a garage business in Malindi, getting a monthly income of about KES 25,000.
He was introduced to KADET Ltd by a credit officer, and he is applying for his second loan of KES 100,000. He intends to buy additional equipment such as drills and welding machines needed for his business.
Erick will save the anticipated profit, take care of his family, and pay the school fees for his two sons as he continues to grow his business. In the future, he hopes to expand his business and also venture into other investments.
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.