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George O

George is from Kenya. He needs a loan of $950 to buy a motorbike and expand his transportation business.

Services
Community:
Katito
Country:
Kenya
other entrepreneurs here Kenya

Summary

George is from Kenya. He needs a loan of $950 to buy a motorbike and expand his transportation business.

  • Top Goals To buy a motorbike and expand his transportation business...
  • Dependants Helped 1
  • Number of Employees 1

George's Story

George Oganga owns a motorbike business providing transportation to many clients. He has even been able to hire an employee. George would like a World Vision loan to purchase another motorbike and increase the number of trips made to increase profits.

He will be able to provide for his family with the profits from his business and pay the school fees for his children’s educations. His family’s overall quality of life will be improved as George will be able to pay rent and purchase food without worry.

George hopes to further expand his business into a transportation company and purchase a Nissan van to increase the number of clients he can serve.

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Industry Info

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.

George's Community

Katito is a hill in Kenya with an average elevation of 5,000 feet. Summers are warm and rainfall is irregular. There is a high rate of HIV infection in Katito. Poverty has left most families and particularly children very susceptible to disease. Lack of fresh water is a major issue. Many dams are contaminated. Some residents treat the water at home while others drink as is.

Children are considered a valuable resource. A large family means more hands to help on the farm and ensures parents will be taken care of in their old age. With long distances between home and school and children needing to help on the farm, many do not get to attend school.

World Vision focuses on education, immunizations, HIV and AIDS prevention education, food security, and sanitation.

George's Mid Term Update June 11, 2011

George used the loan he received from World Vision to buy a new motorbicyle. He employed one person to help him run his business by riding one motorbike, and this enabled him to make a lot of profits. The challenge that he is facing now is the high cost of fuel and spare parts. However, he is repaying his loan well and on time.

George thanks you for the loan as it has really helped him. Thank you for supporting George and World Vision Micro!

George's Final Update July 23, 2011

The new motorcycle has enabled him to boost his business. George was able to provide for his family's needs well after he recieved the loan.

George says thank you very much for the loan. He hopes to own a transport company in the future.

George has repaid his loan in full. These loan funds are now available to help another worthy entrepreneur in his community. Thank you for supporting George and World Vision Micro!

Total Amount
$950

Amount raised

$950
$950
100%

Help George

4 Donors

  • Joe
    April 26, 2011
    Contributed to 52 other loans
  • Sara
    April 28, 2011
    Contributed to 7 other loans
  • Erica
    April 28, 2011
    Contributed to 0 other loans
  • Laura
    April 30, 2011
    Contributed to 2 other loans

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