Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Beatrice Adhiambo is from Kenya. She has 1 child. She needs a loan of $500 to buy another hair dryer.
Beatrice, the mother on one child, runs a beauty salon. It's a business she enjoys but she needs some financial assistance to expand her customer base.
A World Vision microloan will help Beatrice purchase another hair dryer, in order to accommodate more customers and increase her profitability.
The additional income will allow her family to improve their living conditions and help her to expand her business. She hopes to create another position for someone in her community as her business grows.
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 Beatrice Adhiambo Ondick to expand her health/beauty business where she runs a beauty salon. After receiving the loan from World Vision, she invested the $500 to buy another hair dryer.
Beatrice Adhiambo has been repaying her loan on time with her new profits. She makes weekly payments of $10.
In addition to repaying her loan, Beatrice Adhiambo is using her additional income to buy supplies in bulk and expand the current business. Beatrice Adhiambo's 1 child continues to study in school.
Beatrice is grateful for the loan, which has improved her life.
Thank you for supporting Beatrice Adhiambo and World Vision Micro!
Beatrice Adhiambo Ondick has successfully repaid her small business loan. She invested the $500 for her beauty salon business.
Thanks to the loan that she received, Beatrice Adhiambo was able to use the profits from her business to buy supplies in bulk, expand her current business, and purchase equipment. In the future, Beatrice Adhiambo aspires to earn enough to send her children to school and expand her current business.
Thank you for investing in the power of hardworking people like Beatrice Adhiambo through World Vision! These funds are now available to help other entrepreneurs in Beatrice Adhiambo’s community.