Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Mary is from Kenya. She has 2 children. She needs a loan of $500 to buy more maize for resale.
Mary Achieng buys maize cereal and sells it at the market in Katitio, Kenya. She could sell more cereal but she does not have enough money to buy more maize.
With a loan from World Vision, Mary will be able to buy more maize to sell at the market. She will use the additional income she earns to provide for her children.
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.
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.
Thank you for supporting the small loan for Mary Achieng to improve her maize selling business. She invested her loan of $500 to buy more maize for resale at the local market.
Mary has now repaid her loan in full. In addition to repaying her loan, Mary has used her additional income to expand her current business and buy supplies in bulk.
The loan Mary received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Mary hopes to continue to send her two children to school, and further expand her current business.
Thank you for your support of Mary and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.