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Moses is from Kenya. He needs a loan of $125 to purchase additional jewelry.
Moses sells jewelry in his community in order to support his family. Although he would like to expand his business, the high cost of the jewelry he buys and sells has made it difficult for him to operate his business because he needs so much initial capital to keep his business running.
With a loan from World Vision, Moses will be able to purchase more jewelry for his shop so as to have more products available for his customers. This boost will help Moses improve his business and get him on the road to expansion. With enough growth, he hopes for the opportunity to offer employment to youths in his community so as to give them hope for a brighter future.
With the additional profits he will earn from his increased sales, Moses will be able to provide food for his family and improve their living conditions. He will also be able to cover the cost of educational expenses for his family members.
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.
Moses Osude does not have any updates yet.