Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Eunice is from Kenya. She needs a loan of $250 to purchase more stock of charcoal.
A mother of two, Eunice Onyango lives with her family in Kisumu, a rural part of Kenya. She works hard selling charcoal within her local community to help provide for her family. At this time Eunice lacks the funds she needs to purchase more charcoal to continue running her business successfully.
With a loan from World Vision Eunice will be able to purchase more stock of charcoal. This will allow her to attract more customers, expand her business and increase her income. With the additional profits, Eunice will be able to better provide for her family's daily needs and pay for her children's 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.
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Thank you for supporting a small business loan for Eunice Onyango to expand her retail business where she sells charcoal. After receiving the loan from World Vision, she invested the $250 to purchase more stock of charcoal.
Eunice has been repaying her loan on time with her new profits. She makes weekly payments of $10.
In addition to repaying her loan, Eunice is using her additional income to expand the current business and start a new business. Eunice's 2 children continue to study in school.
Thank you for supporting Eunice and World Vision Micro!