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Monica is from Kenya. She has 4 children. She needs a loan of $200 to expand her lumber business.
Monica is 46 years old and runs a small business selling lumber. She lives in World Vision's Tinderet region in Kenya. Monica has sold lumber in this area for more than 5 years. She also has 1 employee who helps her run her shop.
Monica has requested a loan from World Vision to expand her business. This will allow her to sell more lumber and be better able to support her family.
Monica and her husband have 4 children, all of whom are currently studying in school.
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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Monica Chelangat does not have any updates yet.