Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Michael Gatundu is from Kenya. He has 1 child. He needs a loan of $500 to service his taxi.
Michael operates a taxi business in Huruma, in the northeast of Nairobi, the capital of Kenya. Business is excellent, but he needs his vehicle to be in good working condition to provide the income to support his family, including his child.
With a loan from World Vision, Michael will be able to take his vehicle for servicing so that his taxi operation can continue without interruption. With additional income he would like to expand his business, provide even better for his family, and perhaps create employment for others.
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 Michael Gatundu Kabui with the opportunity to expand his taxi operator business. With the $500 loan Michael Gatundu was able to service his taxi.
Michael Gatundu is on his way to repaying his small business loan, as he makes weekly payments of $20. Thanks to the profits he has earned, Michael Gatundu can afford to buy supplies in bulk and expand the current business.Michael Gatundu's child continues to study in school.
Michael is grateful for the loan.
Thank you for supporting hardworking entrepreneurs like Michael Gatundu and World Vision Micro!
Thank you for supporting Michael Gatundu Kabui’s services and transportation business through World Vision Micro. Michael Gatundu invested his small business loan of $500 to service his taxi. He has made weekly payments of $20 and has now fully repaid his loan.
With the profits from his business, Michael Gatundu decided to purchase food for the animals and pay school fees. Michael Gatundu’s goal for the future is to earn enough so that he can add employees and start a new business.
Michael Gatundu’s 1 child remains in school. Because of your donation, Michael Gatundu is able to provide a better future for his 1 child.
Thank you for providing Michael Gatundu with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.