Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
Kotiash Ole is from Kenya. He has 4 children. He needs a loan of $375 to purchase more livestock to resell.
Kotiash Ole is from Kenya. He has 4 children. He needs a loan of $375 to purchase more livestock to resell.
Kotiash Ole sells livestock in Bissil, about 60 miles south of Nairobi, Kenya. He support his family of four children. His greatest challenge has been proper transport from remote areas.
With a loan from World Vision, Kotiash would like to buy more livestock to transport and resell. The additional income will help him pay school fees for his children. Eventually Kotiash would like to own a ranch.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
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 partnering with World Vision Micro to provide Kotiash Ole Mugesa with a small loan for his livestock business. Kotiash Ole used his loan of $375 to purchase more livestock to resell. He continues to make weekly payments of $15 on time.
With the profits he has earned from his growing business, Kotiash Ole is able to pay his children's school fees and pay for transportation.
Kotiash Ole's four children continue to study in school. Thanks to Kotiash Ole’s hard work, he will be able to provide a brighter future for his children.
Thank you for supporting Kotiash Ole's small business through World Vision Micro!
Thank you for supporting Kotiash Ole Mugesa’s livestock business through World Vision Micro. Kotiash Ole invested his small business loan of $375 to purchase more livestock to resell. He has made weekly payments of $15 and has now fully repaid his loan.
With the profits from his business, Kotiash Ole decided to pay his children's school fees and pay for transportation. Kotiash Ole’s goal for the future is to earn enough so that he can take out another loan and purchase more livestock.
Kotiash Ole’s four children remain in school. Because of your donation, Kotiash Ole is able to provide a better future for his children.
Thank you for providing Kotiash Ole with hope and a future. These funds are now being recycled to support another hardworking entrepreneur in the same community.
profile.JPG?1360745332)
