Alfred is 36 years old, married, and supports four people. He runs a furniture making business in Kapsabet town in Nandi County. This has been his income generating business for the last 7 years; he earns an average monthly income of KES 18,000.
He has borrowed a loan of KES 70,000, which is his fifth loan with KADET LTD. With this loan he will be able to pay college fees for his brother. Alfred anticipates getting profits from his construction business, which he will use to expand his business by increasing more models of furniture to meet his clients' demands.
Alfred hopes to improve his living standards and be financially stable; he also hopes to be able to save money for school fees for his children as well as expand his 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.