Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
James is from Kenya. He has 2 children. He needs a loan of $375 to repair rental houses.
James, a father of two from Kawangware, Kenya, has a business managing rental properties. He currently lacks the capital needed to do renovations on the properties.
With a loan through World Vision, James will have the capital needed to do renovations such a building bathrooms. He will then be able to attract more tenants and have a higher quality of property. Additional income created will allow James to increase the standard of living for his family and reinvest in his business.
In the future, James would like to build larger rental properties and employ others in his community. He says he will have a good life.
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.
Riruta is in the Nairobi area of Kenya. The climate is moderate and the differences between seasons is minimal. It is a lower income area where the income is earned from industrial labor, construction, household chores, small scale trading and vocation work such as carpentry, masonry, and tailoring. More than 65,000 people live in Riruta.
Rural Kenyans generally live with their extended family in a cluster of huts, which provides shelter and symbolizes the closeness of the people living there. Family members typically share work responsibilities and resources as they support themselves through farming.
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. Education is provided by the Kenyan government for children up to age 8, however, nearly 1.7 million children do not attend school because of failing economic and social systems.
World Vision focuses on education, immunizations, HIV and AIDS prevention education, food security, and sanitation.
Thank you for supporting a small business loan for James Kinuthia to expand his rental property management business. After receiving the loan from World Vision, he invested the $375 to repair his rental properties.
James had been repaying his loan on time with his new profits. He made weekly payments of $15.
In addition to repaying his loan, James used additional income to maintain or repair equipment, pay his children's school fees, and support his family.
Unfortunately, James recently passed away from an attack of pneumonia. Please pray for his family and loved ones.
James's two children continue to study in school.
Thank you for supporting James and World Vision Micro!
Thank you for supporting James Kinuthia's services and repair business through World Vision Micro. James invested his small business loan of $375 to repair rental houses. He has made weekly payments of $15 and has now fully repaid his loan.
With the profits from his business, James decided to expand the current business and do home repairs. James's goal for the future is to earn enough so that he can send children to school and expand the current business.
James's 2 children remain in school. Because of your donation, James is able to provide a better future for his 2 children.
Mr. James Kinuthia passed on after an attack of pneumonia. He was thus unable to service the loan which was paid back by the insurance.
Thank you for providing James with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.