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Issac is from Kenya. He has 1 child. He needs a loan of $250 to construct new water well.
Issac lives with his wife and child in the town of Kisumu, Kenya. He sells water from his well to provide for his family. Due to low water levels during the rainy season, he would like to dig another well to increase his sales and profits. However, he has not had the money to do so.
A loan from World Vision will allow him to dig another well and help him to expand his business. The additional income he earns will allow him to better provide for his family and ensure his child receives an education. As his business grows, he plans on creating job opportunities.
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.
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Thank you for empowering Issac Onunga with the opportunity to expand his water vending business. With the $250 loan Issac was able to construct a new water well.
Issac is on his way to repaying his small business loan, as he makes weekly payments of $10. Thanks to the profits he has earned, Issac can afford to pay for transportation and expand the current business. He hopes to take out another loan after he has paid this one off.
Issac hopes to provide his children with a brighter future, and his 1 child continues to study in school.
Thank you for supporting hardworking entrepreneurs like Issac and World Vision Micro!