Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
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David Wanderi is from Kenya. He has 3 children. He needs a loan of $375 to purchase shoes for shop.
David Wanderi is from Kenya. He has 3 children. He needs a loan of $375 to purchase shoes for shop.
David Wanderi Manga is a father of three children, he lives with his family in Dandora, a rural part of Kenya. David owns and operates a shoe shop located within his community, to help him earn a living for his family. David at this time, lacks the funds needed to purchase more shoe stock for his shop.
With a loan from World Vision, David will be able to purchase more shoe stock for his shop. David will also be able to expand his shoe shop, attract new customers and increase his income. With the additional income, David will be able to provide for his family's daily needs and pay for his childrens education.
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.
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 supporting a small business loan for David Wanderi Manga to expand his clothing and retail business where he sells shoes. After receiving the loan from World Vision, he invested the $375 to purchase shoes.
David Wanderi has been repaying his loan on time with his new profits. He makes weekly payments of $12.
In addition to repaying his loan, David Wanderi is using his additional income to pay school fees and buy supplies in bulk. David Wanderi's 3 children continue to study in school.
David is grateful to World Vision for giving him the loan that changed his life.
Thank you for supporting David Wanderi and World Vision Micro!
David Wanderi Manga has successfully repaid his small business loan. He invested the $375 for his shoes selling business.
Thanks to the loan that he received, David Wanderi was able to use the profits from his business to pay his children's school fees and buy supplies in bulk. In the future, David Wanderi aspires to earn enough to add employees and start a new business.
David Wanderi's three children continue to study in school. Because he was able to invest in his business, he will be able to invest in his family.
Thank you for investing in the power of hardworking people like David through World Vision! These funds are now available to help other entrepreneurs in David Wanderi’s community.
