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Beatrice Mutete is from Kenya. She has 1 child. She needs a loan of $250 to buy more chicks to rear and sell.
Beatrice Mutete is from Kenya. She has 1 child. She needs a loan of $250 to buy more chicks to rear and sell.
Beatrice is a mother of one who rears and sells chickens for a living. So far she has not experienced any major challenges in her trade.
Beatrice would like to expand her poultry business but she needs a loan in order to do so. With a loan from World Vision she will be able to buy more chicks to rear. The additional profits will allow her to better provide for her family, continue to expand her business, and create employment opportunities for others. In the future, Beatrice hopes to open up a hotel as well to increase the family income.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
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 Beatrice Mutete Mwangangi to expand her farming and livestock business. After receiving the loan from World Vision, she invested the $250 to buy more chicks to rear and sell. Beatrice Mutete has been repaying her loan on time with her new profits. She makes weekly payments of $10.
In addition to repaying her loan, Beatrice Mutete is using additional income to pay school fees and expand the current business. Beatrice Mutete's child continues to study in school.
Thank you for supporting Beatrice Mutete and World Vision Micro!
Thank you for supporting the small loan for Beatrice Mutete Mwangangi to improve her livestock business. She invested her loan of $250 to buy more chicks to rear and sell.
Beatrice Mutete has now repaid her loan in full.
In addition to repaying her loan, Beatrice Mutete has used her income to pay her child's school fees and expand her current business.
Beatrice Mutete's child continues to study in school.
The loan Beatrice Mutete received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Beatrice Mutete hopes to send other children to school.
Thank you for your support of Beatrice Mutete and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.