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Dorothy O

Dorothy is from Kenya. She has 2 children. She needs a loan of $250 to buy stock for her grocery store.

Commerce
Community:
Katito
Country:
Kenya
other entrepreneurs here Kenya

Summary

Dorothy is from Kenya. She has 2 children. She needs a loan of $250 to buy stock for her grocery store.

  • Top Goals To buy stock for her grocery store.
  • Children Helped 2
  • Number of Employees 2

Dorothy's Story

Dorothy operates a grocery shop in Katito, Kenya. Because food prices are high and she lacks capital to purchase more stock, she finds it difficult to expand her revenue.

With a loan from World Vision, Dorothy will purchase more stock for her grocery such as sugar and cooking fat. Once she is able to purchase more stock, she will be able to meet her client's demands. More revenue will allow Dorothy to pay for her children's school fees. She also hopes to expand her business large enough to hire staff to help in the shop.

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Industry Info

Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.

Dorothy's Community

Katito is a hill in Kenya with an average elevation of 5,000 feet. Summers are warm and rainfall is irregular. There is a high rate of HIV infection in Katito. Poverty has left most families and particularly children very susceptible to disease. Lack of fresh water is a major issue. Many dams are contaminated. Some residents treat the water at home while others drink as is.

Children are considered a valuable resource. A large family means more hands to help on the farm and ensures parents will be taken care of in their old age. With long distances between home and school and children needing to help on the farm, many do not get to attend school.

World Vision focuses on education, immunizations, HIV and AIDS prevention education, food security, and sanitation.

Dorothy's Mid Term Update June 23, 2012

Thank you for supporting a small business loan for Dorothy Omondi to expand her retail and grocery business where she owns a grocery store. After receiving the loan from World Vision, she invested the $250 to restock for her store.

Dorothy has been repaying her loan on time with her new profits. She makes weekly payments of $10. In addition to repaying her loan, Dorothy is using additional income to buy supplies in bulk and expand the current business. Dorothy's 2 children continue to study in school. Thank you for supporting Dorothy and World Vision Micro!

Dorothy's Final Update September 15, 2012

Dorothy Omondi has successfully repaid her small business loan. She invested the $250 into restocking her grocery store to attract more customers and increase her sales.

Thanks to the loan she received, Dorothy was able to use the profits from her business to pay school fees for her children, expand her current business, and buy supplies in bulk.

In the future, Dorothy aspires to earn enough to continue sending her children to school, further expand her current business, and take out another loan.

Dorothy's two children continue to study in school. Because she was able to invest in her business, she will be able to invest in her family.

Thank you for investing in the power of hardworking people, like Dorothy, through World Vision Micro. These funds are now available to help other entrepreneurs in Dorothy's community.

Total Amount
$250

Amount raised

$250
$250
100%

Help Dorothy

2 Donors

  • Isabel
    July 06, 2011
    Contributed to 17 other loans
  • Peter
    March 31, 2012
    Contributed to 58 other loans

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