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Monica is from Kenya. She has 5 children. She needs a loan of $250 to add stock of household goods such as plastic cups, plates, cooking oil, flour, and rice for her retail grocery shop.
Monica operates a retail grocery shop and tailoring service. A mother of five, she hopes to improve the living conditions of her family by expanding her business. Poor roads in the area have made expansion difficult causing delays in deliveries; however, Monica looks forward to increasing her income and eventually opening a wholesale shop to further her business growth.
A World Vision loan would enable Monica to purchase stock for her store, providing the needed inventory to proceed toward the goals she has for her and her 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.
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Monica Wangari does not have any updates yet.