Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Raliya is from Kenya. She needs a loan of $350 to renovate rental houses.
Raliya Mohamed manages real estate properties in Mukuru-Njenga, Kenya. She wants to renovate the rental properties that she currently owns and rents out. She is unable to do so currently because of the high costs of construction. She also has trouble collecting rent from her tenants because many of them are unable to pay.
Raliya is requesting a loan from World Vision to use to renovate the houses that she rents out. This will increase the value of her properties. Her goal is to improve her real estate business in order to improve her family's living standards and to be able to pay the school fees for her two children.
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.
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.
Thank you for supporting a small business loan for Raliya Mohamed to expand her real estate business.
After receiving the loan from World Vision, she invested the $350 to renovate rental houses.
Raliya has been repaying her loan on time with her new profits. She makes weekly payments of $14.
In addition to repaying her loan, Raliya is using additional income to pay school fees and expand the current business. Raliya's 2 children continue to study in school.
Thank you for supporting Raliya and World Vision Micro!
Thank you for supporting the small business loan for Raliya Mohamed to improve her retail and services business. She invested her loan of $350 to renovate rental houses.
Raliya has now repaid her loan in full. In addition to repaying her loan, Raliya has used her additional income to pay school fees and expand the current business. Raliya's 2 children continue to study in school.
The loan Raliya received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Raliya hopes to send children to school and expand the current business.
Raliya says she is greatful for the support she received and hopes to contuinue expanding her business to be among the leading entrepreneurs in her community.
Thank you for your support of Raliya and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.