Richard is 28 years old. He runs a livestock trading business in Baringo County. This has been his income-generating business for the last five years. He gets an average monthly income of KES. 40,000 from the business.
He has borrowed a second loan of KES. 50,000 after successfully paying his previous loan. With this loan, he intends to buy goats and sheep for resale. He anticipates getting profits, which he will use to expand his business by buying more animals for resale.
Richard hopes to improve his living standards and save money to enable him to pay school fees for his siblings as well as start another business.
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.