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Reuben Y

Reuben is from Kenya. He has 9 children. He needs a loan of $275 to expand his mining business.

Production
Community:
Kabarnet
Country:
Kenya
other entrepreneurs here Kenya

Summary

Reuben is from Kenya. He has 9 children. He needs a loan of $275 to expand his mining business.

  • Top Goals To expand his mining business
  • Children Helped 9

Reuben's Story

A father of nine, Reuben makes a living working in the mining business. He lacks the funds to maximize his business and to run it efficiently.

A World Vision loan will enable Reuben to expand the mining area which would generate more profits for his business. With the income he earns he will be able to provide his family with their basic needs and improve their living conditions.

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Industry Info

Entrepreneurs with specialized skills can apply for a loan in the manufacturing sector. Examples of businesses in the manufacturing sector are making and selling clothes, shoes, machine parts, baskets…the list goes on. These savvy entrepreneurs see the opportunity in their community and, with the help of a loan and their unique talents, can establish their niche. Only 3% of our loans are in the manufacturing sector.

Reuben'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.

Reuben's Mid Term Update November 23, 2012

Thank you for empowering Reuben Yatich with the opportunity to expand his mining business. With the $275 loan Reuben was able to expand his mining business.

Reuben is on his way to repaying his small business loan, as he makes weekly payments of $5. Thanks to the profits he has earned, Reuben can afford to pay school fees, purchase food for his family and expand the current business.

Reuben hopes to provide his children with a brighter future and his 9 children continue to study in school.

Thank you for supporting hardworking entrepreneurs like Reuben and World Vision Micro!

Reuben's Final Update May 24, 2013

Reuben Yatich has successfully repaid his small business loan. He invested the $275 into making needed improvements to his mining business in order to increase sales.

Thanks to the loan he received, Reuben was able to use the profits from his business to pay school fees for his children, purchase food for his family and expand his current business.

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

Reuben's nine children continue to study in school. Because he was able to invest in his business, he will be able to invest in his family.

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

Total Amount
$275

Amount raised

$275
$275
100%

Help Reuben

5 Donors

  • Joe
    May 19, 2012
    Contributed to 84 other loans
  • Kyle
    May 21, 2012
    Contributed to 5 other loans
  • David
    May 23, 2012
    Contributed to 1 other loans
  • Mitchell
    May 24, 2012
    Contributed to 62 other loans
  • Benson
    May 25, 2012
    Contributed to 4 other loans