Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Caroline Njeri is from Kenya. She has 1 child. She needs a loan of $600 to purchase another computer.
Caroline works as a freelance writer in order to supplement her family's income. Besides writing, she also operates a green grocery stall to help support her family. Thankfully, she has thus far not experienced any major challenges in balancing the two jobs.
With a loan from World Vision, Caroline will be able to purchase another computer so that she can be more efficient in completing her writing jobs, and, hopefully, hire someone else to assist her in doing so. Greater efficiency will lead to greater customer satisfaction and help spread the word about her business. Any additional income she earns will give her the means to reinvest in her business and watch it grow. As expansion allows, Caroline plans to open another business so as to further support her family.
The increased income from her expanded business will help the Caroline meet her family's needs by improving their living conditions and providing them a healthy, stable diet. She will also be able to give her child hope for a brighter future.
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 empowering Caroline njeri Waithaka with the opportunity to expand her freelance writing business. With the $600 loan Caroline Njeri was able to purchase another computer. Moreover, Caroline Njeri is on her way to repaying her small business loan, as she makes weekly payments of $25.
Thanks to the profits she has earned, Caroline Njeri can afford to buy supplies in bulk and expand the current business. Caroline Njeri hopes to provide her children with a brighter future and her child continues to study in school.
Caroline is thankful for the loan. it has changed her life.
Thank you for supporting hardworking entrepreneurs like Caroline Njeri and World Vision Micro!
Thank you for supporting the small loan for Caroline Njeri Waithaka to improve her freelance writing business. She invested her loan of $600 to purchase another computer.
Caroline Njeri has now repaid her loan in full. In addition to repaying her loan, Caroline Njeri has used her additional income to expand the current business and purchase equipment.
Caroline Njeri's child continues to study in school.
The loan Caroline Njeri received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Caroline Njeri hopes to expand her current business and take out another loan.
Caroline Njeri is very grateful for the support.
Thank you for your support of Caroline Njeri and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.