Lightbox_close_button

Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.

READ MORE…

This loan is fully funded. Search for similar loans.

Nancy A

Nancy is from Kenya. She has 3 children. She needs a loan of $1,200 to buy more soft drinks for resale.

Commerce
Community:
Katito
Country:
Kenya
other entrepreneurs here Kenya

Summary

Nancy is from Kenya. She has 3 children. She needs a loan of $1,200 to buy more soft drinks for resale.

  • Top Goals To buy more soft drinks for resale
  • Children Helped 3
  • Number of Employees 1

Nancy's Story

Nancy Awuor is a soft drink vendor. She could earn more from her business but she lacks capital with which to buy more soft drinks to sell.

With a loan from World Vision, Nancy can increase her inventory and her sales. She will use the additional income she earns to provide for her three children.

Download PDF

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.

Nancy'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.

Nancy's Final Update March 25, 2013

While Nancy Awuor initially invested in her business loan by purchasing to buy more soft drinks for resale, she has struggled to repay her loan. While we continued to work with Nancy to help her reestablish her business, we regret to report that Nancy has now defaulted on her loan.

Nancy prays that she will someday be able to restart her business so that she can better provide for her family. Nancy would like to sincerely thank all the donors who partnered with her. Please pray for Nancy and her family during this difficult time.

Despite the fact that World Vision boasts a repayment rate greater than 98%, there will always be some loans that do not get fully repaid. While World Vision does everything it can to ensure that this does not happen, it is an unfortunate reality that must be recognized when providing loans to less fortunate populations.

Thank you for your understanding, and your support of World Vision Micro. If you have any questions or concerns, please feel free to call our Customer Care line at 1-888-511-6444.

Total Amount
$1,200

Amount raised

$1,200
$1,200
100%

Help Nancy

37 Donors

  • Dema
    December 27, 2011
    Contributed to 35 other loans
  • Jay
    April 05, 2012
    Contributed to 119 other loans
  • Crystal
    April 16, 2012
    Contributed to 35 other loans
  • Cathy
    April 16, 2012
    Contributed to 36 other loans
  • Shannon
    April 17, 2012
    Contributed to 6 other loans
  • Suzanne
    April 17, 2012
    Contributed to 35 other loans
  • Heather
    April 17, 2012
    Contributed to 37 other loans
  • Kelly
    April 17, 2012
    Contributed to 38 other loans
  • Shawna
    April 17, 2012
    Contributed to 35 other loans
  • Donna
    April 17, 2012
    Contributed to 37 other loans
  • Chrissy
    April 17, 2012
    Contributed to 36 other loans
  • Diane
    April 17, 2012
    Contributed to 35 other loans
  • Ben
    April 17, 2012
    Contributed to 4 other loans
  • Chris & Jerri
    April 18, 2012
    Contributed to 39 other loans
  • Dale
    April 18, 2012
    Contributed to 65 other loans
  • Nancy
    April 18, 2012
    Contributed to 38 other loans
  • Paula D
    April 18, 2012
    Contributed to 36 other loans
  • Nitza
    April 18, 2012
    Contributed to 20 other loans
  • Kim
    April 18, 2012
    Contributed to 68 other loans
  • Marlon
    April 18, 2012
    Contributed to 17 other loans
  • Cheryl
    April 18, 2012
    Contributed to 32 other loans
  • Clay
    April 18, 2012
    Contributed to 21 other loans
  • Betty
    April 18, 2012
    Contributed to 18 other loans
  • Lora Lynne
    April 18, 2012
    Contributed to 36 other loans
  • Barbara
    April 18, 2012
    Contributed to 17 other loans
  • Lisa
    April 18, 2012
    Contributed to 35 other loans
  • Marlene
    April 18, 2012
    Contributed to 23 other loans
  • Karen
    April 18, 2012
    Contributed to 24 other loans
  • Sheila
    April 18, 2012
    Contributed to 16 other loans
  • Julia
    April 18, 2012
    Contributed to 34 other loans
  • Shirley
    April 18, 2012
    Contributed to 40 other loans
  • Melissa
    April 18, 2012
    Contributed to 38 other loans
  • Robin
    April 18, 2012
    Contributed to 36 other loans
  • Janice
    April 18, 2012
    Contributed to 40 other loans
  • Lissa
    April 18, 2012
    Contributed to 40 other loans
  • Ronald
    April 18, 2012
    Contributed to 34 other loans
  • Treece
    April 20, 2012
    Contributed to 9 other loans

Similar Opportunities