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Chepkilot W

Chepkilot is from Kenya. He needs a loan of $375 to purchase more cars for taxi business.

Services
Community:
Kabarnet
Country:
Kenya
other entrepreneurs here Kenya

Summary

Chepkilot is from Kenya. He needs a loan of $375 to purchase more cars for taxi business.

  • Top Goals To purchase more cars for taxi business
  • Dependants Helped 3

Chepkilot's Story

Chepkilot Wendot lives with his family in Kabarnet, a rural part of Kenya. Chepkilot works very hard at maintaining his taxi business for his local community. Earnings from his business helps him to be able to provide for his family.

With a loan from World Vision, Chepkilot will be able to purchase more cars to expand his business, finish paying for existing taxi car and increase his income. With the additional income, Chepkilot will be able to provide better living conditions for his family and provide for their daily needs.

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Industry Info

In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.

Chepkilot's Community

Kabarnet is located in Baringo District in the Rift Valley Province of Kenya. It is characterized by uninhabitable desert and fertile farmland, flat arid plains and steep slopes. Rural Kenyans generally live with their extended family in a cluster of huts, which provides shelter and symbolizes the closeness of the people living there. Family members typically share work responsibilities and resources as they support themselves through farming.

Children are considered a valuable resource in Kenya. A large family means more hands to help on the farm and ensures parents will be taken care of in their old age. Education is provided by the Kenyan government for children up to age 8, however, nearly 1.7 million children do not attend school because of failing economic and social systems.

With a population nearing 75,000 and 20 percent being children under 5, access to health services is limited in Kabarnet. According to the World Health Organization, the leading causes of death among children younger than 5 are pneumonia, diarrheal diseases, HIV and AIDS, and malaria. Efforts are being made to strengthen the capacity of health workers and services. To receive care, people must travel, usually on foot, at least nine miles to the nearest health center.

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

Chepkilot's Mid Term Update August 27, 2012

Thank you for supporting a small business loan for Chepkilot Wendot to expand his transportation business where he provides taxi services. After receiving the loan from World Vision, he invested the $375 to purchase more cars for his taxi service.

Chepkilot has been repaying his loan on time with his new profits. He makes weekly payments of $15.

In addition to repaying his loan, Chepkilot is using additional income to maintain or repair his taxis and do home repairs.

Thank you for supporting Chepkilot and World Vision Micro!

Chepkilot's Final Update November 19, 2012

Thank you for supporting the small loan for Chepkilot Wendot to improve his taxi business. He invested his loan of $375 to purchase more cars for taxi business to increase customer service.

Chepkilot has now repaid his loan in full. In addition to repaying his loan, Chepkilot has used his additional income to expand his current business, purchase equipment, and maintain or repair equipment.

The loan Chepkilot received helped his business expand and the profits he is earning are creating lasting improvements in his life. In the future, Chepkilot hopes to start a new business, expand his current business, and take out another loan.

Thank you for your support of Chepkilot and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$375

Amount raised

$375
$375
100%

Help Chepkilot

6 Donors

  • Lauren
    May 21, 2012
    Contributed to 0 other loans
  • Kerrilou
    May 29, 2012
    Contributed to 34 other loans
  • Nora
    May 29, 2012
    Contributed to 6 other loans
  • Genia
    June 01, 2012
    Contributed to 24 other loans
  • Tony
    June 02, 2012
    Contributed to 90 other loans
  • Alex
    June 04, 2012
    Contributed to 1 other loans

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