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Lucy N

Lucy is from Kenya. She has 2 children. She needs a loan of $225 to buy maize flour, sugar and rice .

Services
Community:
Soweto Tulia
Country:
Kenya
other entrepreneurs here Kenya

Summary

Lucy is from Kenya. She has 2 children. She needs a loan of $225 to buy maize flour, sugar and rice .

  • Top Goals To buy maize flour, sugar and rice
  • Children Helped 2

Lucy's Story

Lucy Njeri lives in Nairobi, Kenya. She operates a shop that sells maize flour, sugar and rice. Food commodities are very costly and it is difficult to stock the shop.

With the festive season approaching Lucy plans to enlarge the shop to sell more commodities. She is hopeful that the business will grow enough to eventually have her own supermarket. She wants to create employment for the community.

Lucy has 2 children and wants to provide the basic needs for her family.

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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.

Lucy's Community

Soweto is a large slum on the east side of Nairobi, Kenya. Home to nearly one million, residents struggle daily with the sickness, crime, hunger, and hopelessness that results from severe poverty. Many children have one or no parent. While education is free in Kenya, many children cannot attend because their families cannot afford the required uniform, shoes, and school supplies.

HIV and AIDS have left many children orphaned and vulnerable. Sometimes the oldest child finds themselves as head of the household, and sometimes relatives or neighbors step in to help care for children, making it even more difficult to rise out of poverty.

World Vision has been working in Kenya since 1965. While it has developed a community-based, integrated approach to reduce the spread of HIV and AIDS, World Vision has made improvements in all aspects of life in Soweto. Accomplishments include conducting medical check-ups for children to ensure good health; subsidizing school fees; building classrooms; constructing water tanks at schools; and providing training on business skills and entrepreneurship.

World Vision has supported microfinance in Soweto since 1996. Work means dignity. It means food, education, health care. It means survival. KADET is a World Vision-affiliated microfinance institution that seeks to increase the number of small-business owners and grow the number of people who are accessing credit resources and business training. More than sixty percent of clients are women.

Lucy's Mid Term Update March 20, 2012

Thank you for supporting a small business loan for Lucy Njeri to expand her food and grocery business where she runs a general store. After receiving the loan from World Vision, she invested the $225 to buy maize flour, sugar, and rice.

Lucy has been repaying her loan on time with her new profits. She makes weekly payments of $8. In addition to repaying her loan, Lucy is using the additional income to buy supplies in bulk and expand the current business. Lucy's 2 children continue to study in school.

Lucy is grateful that World Vision helped improve her life. Thank you for supporting Lucy and World Vision Micro!

Lucy's Final Update June 19, 2012

Thank you for supporting the small business loan for Lucy Njeri to improve her food and grocery business. She invested her loan of $225 to buy maize flour, sugar, and rice.

Lucy has now repaid her loan in full. In addition to repaying her loan, Lucy has used her additional income to buy supplies in bulk and expand the current business. Lucy's 2 children continue to study in school.

The loan Lucy received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Lucy hopes to send children to school and expand the current business. She also plans to take another loan in the near future.

Thank you for your support of Lucy and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$225

Amount raised

$225
$225
100%

Help Lucy

8 Donors

  • Rhonda
    December 13, 2011
    Contributed to 39 other loans
  • Candace
    December 13, 2011
    Contributed to 34 other loans
  • Marilyn
    December 13, 2011
    Contributed to 9 other loans
  • Chris
    December 13, 2011
    Contributed to 22 other loans
  • Dorothy
    December 13, 2011
    Contributed to 39 other loans
  • Katherine L
    December 14, 2011
    Contributed to 37 other loans
  • Matthew
    December 20, 2011
    Contributed to 0 other loans
  • Kristin
    December 20, 2011
    Contributed to 0 other loans

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