Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Tom is from Kenya. He has 2 children. He needs a loan of $250 to buy more charcoal to sell.
A father of two, Tom works as a charcoal supplier to support his family. One of the challenges he faces is the poor quality of charcoal which affects his sales. His biggest challenge currently is a lack of financial capital that he needs to expand his business.
With a loan from World Vision Tom will be able to buy more charcoal to sell. The additional profits will allow him to better provide for the needs of his family and cover their household expenses. In the future, Tom hopes to open a business depot and provide job opportunities for others.
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 empowering Tom Jared with the opportunity to expand his charcoal selling business. With the $250 loan Tom was able to buy more charcoal to sell.
Tom is on his way to repaying his small business loan, as he makes weekly payments of $10. Thanks to the profits he has earned, Tom can afford to pay school fees, expand the current business and purchase equipment.
Tom hopes to provide his children with a brighter future, and his 2 children continue to study in school.
Thank you for supporting hardworking entrepreneurs like Tom and World Vision Micro!