Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Mary Wangui is from Kenya. She needs a loan of $250 to renovate and build rental houses.
Mary is a entrepreneurial, hardworking mother of one child. Not only does she run a carpentry business, she also rents houses, which allows her to care for her child at the same time. However due to a lack of money she has not been able to renovate or build new rentals.
A loan from World Vision will enable Mary to build more rental properties, renovate existing homes, and grow her business into a thriving one. Not only will this improve her situation, allowing her to better care for her family, but will also enable her to create employment opportunities for others.
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.
Soweto is a large slum on the east side of Nairobi, Kenya. Home to nearly one million, residents struggle daily with the sickness, crime, hunger, and hopelessness that results from severe poverty. Many children have one or no parent. While education is free in Kenya, many children cannot attend because their families cannot afford the required uniform, shoes, and school supplies.
HIV and AIDS have left many children orphaned and vulnerable. Sometimes the oldest child finds themselves as head of the household, and sometimes relatives or neighbors step in to help care for children, making it even more difficult to rise out of poverty.
World Vision has been working in Kenya since 1965. While it has developed a community-based, integrated approach to reduce the spread of HIV and AIDS, World Vision has made improvements in all aspects of life in Soweto. Accomplishments include conducting medical check-ups for children to ensure good health; subsidizing school fees; building classrooms; constructing water tanks at schools; and providing training on business skills and entrepreneurship.
World Vision has supported microfinance in Soweto since 1996. Work means dignity. It means food, education, health care. It means survival. KADET is a World Vision-affiliated microfinance institution that seeks to increase the number of small-business owners and grow the number of people who are accessing credit resources and business training. More than sixty percent of clients are women.
Thank you for supporting a small business loan for Mary Wangui Muthoni to expand her rental house business. After receiving the loan from World Vision, she invested the $250 to renovate and build rental houses.
Mary Wangui has been repaying her loan on time with her new profits. She makes weekly payments of $10.
In addition to repaying her loan, Mary Wangui is using additional income to pay school fees and expand the current business. Mary Wangui's child continues to study in school.
Thank you for supporting Mary Wangui and World Vision Micro!
Thank you for supporting the small loan for Mary wangui Muthoni to improve her house rental business. She invested her loan of $250 to renovate and build more rental houses.
Mary Wangui has now repaid her loan in full. In addition to repaying her loan, Mary Wangui has used her additional income to pay her child's school fees and expand her current business.
Mary Wangui's child continues to study in school.
The loan Mary Wangui received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Mary Wangui hopes to add employees and expand her current business.
Mary is happy and grateful for the support.
Thank you for your support of Mary Wangui and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.