Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Samini is from Kenya. She needs a loan of $425 to buy fruits and vegetables for resale .
Samini sells fruits and vegetables. She will use her loan to purchase her produce and grow her business. She wishes to run her food kiosk steadily and hopes that it will grow into a well-established supermarket serving many customers.
Samini faces some challenges while operating her business. Her supplier is not reliable and this has forced her to constantly travel far distances in order to buy her produce so as not to fail her customers. This usually leaves her very tired at the end of the day. The loan will help Samini buy produce in bulk to last several days until she is able to replenish it. This will reduce the number of times she needs to travel far to look for stock, and allow her to spend more time with her family.
Samini provides for the basic needs of her family of 9 children and wants to improve their quality of life. After this, she intends to use additional income from the business to build a permanent building for her store. This will ensure security to the stock and will help Samini avoid carrying the goods to and from her house everyday. Since the the stock would always be available at the business premise, her customers would always have reliable services.
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.
Marafa is located in southeast Kenya. It is an impoverished community plagued by drought, high illiteracy rates, poor access to health care, and the devastating effects of HIV and AIDS. Nearly 36,000 people reside in Marafa. Main sources of income include the production and sale of charcoal. This has caused great environmental damage but in a time of food scarcity, it cannot be help. One solution is to establish tree nurseries, which could improve the natural environment and provide jobs and income.
Although enrollment in primary schools is high in Marafa, early marriages and teenage pregnancies present a challenge to girls wanting an education. Boys are affected by child labor. And because of chronic food shortages, families move from place to place in search of odd jobs, making education inconsistent. Access to clean water for drinking and irrigation is needed.
World Vision has worked hard to help the people of Marafa. Accomplishments include constructing classrooms, providing desks, sports equipment, and teaching materials. Homes were built for 30 families and food supplements were distributed to children and families.
Microfinance is helping to make a difference. The Kenya Agency for Development of Enterprise and Technology. For every $1,000 loaned, 13 jobs are created or sustained. And approximately half of loan recipients are women.
Thank you for supporting a small business loan for Samini Menza to expand her food vending business.
After receiving the loan from World Vision, she invested the $425 by buying fruits and vegetables.
Samini has been repaying her loan on time with her new profits. She makes weekly payments of $8 in the Marafa ADP.
In addition to repaying her loan, Samini is using additional income to pay school fees and purchase food for the family. Samini's 9 children continue to study in school.
Thank you for supporting Samini and World Vision Micro!
Thank you for supporting the small business loan for Samini Menza to improve her food and grocery business. She invested her loan of $425 to buy fruits and vegetables to sell.
Samini has now repaid her loan in full. In addition to repaying her loan, Samini has used her additional income to pay school fees and buy supplies in bulk. Samini's 9 children continue to study in school.
The loan Samini received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Samini hopes to continue to send her children to school, expand the current business, and take out another loan.
Samini would like to thank World Vision for the loan because it helped her run her business and she was able to increase her income to help her family's financial stability. Thank you for your support of Samini and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.