Fredrick is 41 years old, married, and blessed with three children aged 12, five and one years. His spouse is a civil servant and supports him in meeting some of their financial needs. Fredrick runs a transport (Matatu) business in Kabarnet town and also runs a retail shop as his second business for the last ten years.
Fredrick has borrowed a loan of 70,000 KES. With this loan, he intends to use the whole amount to pay school fees his children.With the anticipated profits he intends to expand his business and service his public service vehicle for better service.
His future plan is to buy a plot for building business premises and to expand his retail shop.
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.