Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Peter is from Kenya. He has 2 children. He needs a loan of $250 to purchase more veterinary medicines.
Peter lives in Dikir, Kenya where he owns a small shop selling veterinary medicines. He has requested a loan from World Vision in order to purchase enough stock to meet his clients' demands. With the additional income he earns, Peter will be able to better provide for his family.
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.
Kirindon is located in the southern part of Kenya, approximately 250 miles west of Nairobi. The region has an estimated population of 56,200 people. Agriculture and cattle rearing are the two main economic activities—approximately 65 percent of the land is communally owned.
The AIDS pandemic has heavily affected Kenyans who inhabit Kirindon. The HIV prevalence rate in the community is nearly 15 percent whereas it is only 6.1 percent in the rest of Kenya. Children are most affected, many dropping out of school to care for younger siblings or sick parents. Some resort to exploiting child labor to provide household income.
An impoverished community, Kirindon has been severely lacking in access to clean drinking water and proper sanitation. World Vision has focused on water, sanitation and hygiene projects. There is now increased access to clean, sustainable water; latrines with hand-washing facilities; and trainings on good hygiene practices and water resource management. Access to clean water has improved school attendance since children do not have to go far to collect water. And villagers have more time to be with their families and attend church services.
Other accomplishments include constructing and equipping classrooms, distributing mosquito nets to children, providing medical check-ups for children, and supporting orphaned and vulnerable children with school uniforms, vocational training, and life skills training.
Thank you for supporting the small loan for Peter Cheruiyot to improve his veterinary pharmacy business. He invested his loan of $250 to purchase more veterinary medicines for his business.
Peter has now repaid his loan in full. In addition to repaying his loan, Peter has used his additional income to expand his current business and buy supplies in bulk.
The loan Peter received helped his business expand and the profits he is earning is creating lasting improvements in his life. In the future, Peter hopes to continue to send his two children to school and expand his current business.
Thank you for your support of Peter and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.