Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
Loekito is from Indonesia. She needs a loan of $450 to purchase more propane tanks and bird feed.
Loekito is from Indonesia. She needs a loan of $450 to purchase more propane tanks and bird feed.
Loekito is married to a factory laborer and is a mother of three children. She has been selling propane in small tanks and bird feed for six years. She sells them on her cart which is parked near the main street not far from her house.
Her customers, who mostly are street food vendors, borrow some of her propane tanks instead of paying for it upfront in cash. It makes more difficult for her to collect the payment.
Additionally, she and her customers have to deal with the city administration who frequently conduct raids against the street vendors because it is technically illegal to conduct business from their carts on certain main streets. However, at this time, they cannot afford to have kiosks in sanctioned locations so they must sell from their cart wherever they can make money.
The loan will help her to purchase more propane tanks and more bird feed so that she could meet the increasing demand and generate more income for the family.
She expects that she will be able to rent a permanent kiosk in a sanctioned location for her business.
The additional income will allow her to pay for her children's school fees and to support her husband's humble income to meet the family basic needs.
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.
World Vision began working with the people of Indonesia in 1957, when we hosted a pastors conference. In 1961, a childcare program opened to help orphans and refugee children. By 1967 the program grew to assist some 2,000 children. During the 1970s, World Vision donors sponsored more than 8,000 children, and community development work began in several areas. Today, U.S. sponsors alone support 20,000 children in six community development areas, including Surabaya.
Ministry of Education data shows that many children living in the slums of Surabaya are not attending school. Surveys also found that high numbers of infants die from preventable diseases such as pneumonia and diarrhea. This community has schools and health clinics, but the most common factor preventing access is poverty. Families can’t afford school fees and materials, or the cost of clinic visits and medicines. To address these issues, World Vision and community members have determined that improved income opportunities and health and education projects are critical. Community instruction on the importance of child rights and education also were deemed vital to community success.
World Vision began working alongside families in the slums of Surabaya in 2000, and programs designed to provide lasting, holistic, community development are directly targeting approximately 2,045 sponsored children and their families.
Thank you for supporting a small business loan for Loekito Rahyati to expand her retail and services business where she sells propane for a living. After receiving a loan from World Vision, she invested the $450 by buying more propane tanks and bird feed.
Loekito has been repaying her loan on time with her new profits. She makes weekly payments of $9. In addition to repaying her loan, Loekito is using additional income to pay school fees, purchase food for the family, and buy supplies in bulk. Loekito's 3 children continue to study in school.
Thank you for supporting Loekito and World Vision Micro!
Thank you for supporting the small loan for Loekito Rahyati to improve her retail and services business. She invested her loan of $450 to purchase more propane tanks and bird feed.
Loekito has now repaid her loan in full. In addition to repaying her loan, Loekito has used her additional income to pay her children's school fees, purchase food for her family and buy supplies in bulk.
Loekito's three children continue to study in school.
The loan Loekito received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Loekito hopes to improve their home, expand the current business and take out another loan.
Thank you for your support of Loekito and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.
.JPG?1367284362)
