Stanley is 23 years old, married to Irene and supports a family of two. He runs a butcher shop in Kapsabet. This has been his income-generating business for the last seven years, and he earns an average monthly income of 110,000 KES.
He has borrowed a loan of 90,000 KES, and this is his second loan after paying the previous loan successfully. He plans to use the loan to purchase animals for slaughter and to sell the meat.
He will use the profits from the business to repay the loan, save for his children’s school fees and expand his business.
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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.