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Mary is from Kenya. She has 2 children. She needs a loan of $200 to purchase two bails of second hand clothing as additional stock.
Mary is from Kenya. She has 2 children. She needs a loan of $200 to purchase two bails of second hand clothing as additional stock.
Mary Wangari is a shop owner from Satelite, Kenya. She runs a second hand shop, and desires to expand her business through additional stock. With a loan through World Vision, Mary will be able to purchase two bails of second hand clothing. Through this support, she will be able to provide for the basic needs of her two children, as well as have a more stable income. In providing Mary with this loan, she will be able to improve her own living standards, which will give her the freedom to serve and give back to her community through the volunteer work that she desires to do.
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.
Riruta is in the Nairobi area of Kenya. The climate is moderate and the differences between seasons is minimal. It is a lower income area where the income is earned from industrial labor, construction, household chores, small scale trading and vocation work such as carpentry, masonry, and tailoring. More than 65,000 people live in Riruta.
Rural Kenyans generally live with their extended family in a cluster of huts, which provides shelter and symbolizes the closeness of the people living there. Family members typically share work responsibilities and resources as they support themselves through farming.
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. Education is provided by the Kenyan government for children up to age 8, however, nearly 1.7 million children do not attend school because of failing economic and social systems.
World Vision focuses on education, immunizations, HIV and AIDS prevention education, food security, and sanitation.
Thank you for supporting a small business loan for Mary Wangari to expand her clothing and second hand retail business. After receiving the loan from World Vision, she invested the $200 to purchase two bails of second hand clothing as additional stock.
Mary has been repaying her loan on time with her new profits. She makes weekly payments of $8.
In addition to repaying her loan, Mary is using the additional income to purchase food for the family, pay for transportation and expand the current business. Mary's 2 children continue to study in school.
Thanks a lot for the loan. I normally smile all the way home at the end of the day as the business has really flourished. Hence good returns.
Thank you for supporting Mary and World Vision Micro!
Thank you for supporting Mary Wangari’s clothing and second hand retail business through World Vision Micro. Mary invested her small business loan of $200 to purchase two bails of second hand clothing as additional stock. She has made weekly payments of $8 and has now fully repaid her loan.
With the profits from her business, Mary decided to buy supplies in bulk and expand her current business. Mary’s goal for the future is to earn enough so that she can send her children to school, make a donation to the church and expand her current business.
Mary’s two children remain in school. Because of your donation, Mary is able to provide a better future for her children.
Thanks for the loan Mary is now able to provide necessities for her family especially for her new born baby girl.
Thank you for providing Mary with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.
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