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Paul is from Kenya. He needs a loan of $200 to buy a stock of shoes.
Paul is from Kenya. He needs a loan of $200 to buy a stock of shoes.
Paul sells shoes for a living but lacks enough money to buy more stock and have more variety for his customers. He is also challenged by the high cost of footwear in Kenya.
Paul is requesting a World Vision microloan to purchase more shoes, in bulk for better pricing, to increase his profitbility and grow his customer base. Through this loan, Paul hopes to make enough income to provide basic needs for his family.
The additional income will be reinvested in restocking his shoe supply and he also hopes to create employment opportunities for others in his community as his business grows.
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.
Katito is a hill in Kenya with an average elevation of 5,000 feet. Summers are warm and rainfall is irregular. There is a high rate of HIV infection in Katito. Poverty has left most families and particularly children very susceptible to disease. Lack of fresh water is a major issue. Many dams are contaminated. Some residents treat the water at home while others drink as is.
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. With long distances between home and school and children needing to help on the farm, many do not get to attend school.
World Vision focuses on education, immunizations, HIV and AIDS prevention education, food security, and sanitation.
Paul Otieno does not have any updates yet.
