Timothy is 25 years old. He is single and supports two people, who are mainly his younger siblings. He runs a motorcycle transport business also known as a "boda boda". He has been in this business for the last four years and from this business he gets an average monthly profit of 12,000 KES.
Timothy has borrowed a loan of 60,000 KES which he will use to purchase a new motorcycle to expand his business. With the anticipated profits, he will use them to expand his business as well as pay school fees for his siblings.
Timothy's dream is to expand his business into a car hire or taxi service company. With this, he will able to meet his family's financial needs more consistently.
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.