Michael

Michael, a 55-year-old entrepreneur with over 30 years of experience in the garage and auto repair industry, runs a successful business that generates an average monthly income of 50,000 KES. His wife supports the family through farm labor. With a vision of expanding his operations, Michael has applied for a loan of 80,000 KES from VisionFund Kenya, which he plans to use to purchase spare parts to sell and use in his auto shop. This loan will help boost his inventory, improve service delivery, and reduce downtime, allowing him to reinvest profits back into the business. His long-term goals include stabilizing and growing the business while providing a solid education for his children. By leveraging this loan effectively, he aims to secure both his family’s financial future and the continued success of his business.