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Annah is from Kenya. She needs a loan of $600 to purchase second-hand clothing.
Annah is from Kenya. She needs a loan of $600 to purchase second-hand clothing.
Annah Njeri lives in Waithaka, Kenya. She sells second-hand clothing to support her family. Annah would like to begin selling used clothing in bulk, but due to poor infrastructure and lack of funds, she has little capital to invest in expanding her business.
With a loan from World Vision, Annah will be able to achieve a more steady source of income and improve the quality of living for her four children and eight dependents. In addition, she will be able to provide for her family’s basic educational and nutritional 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.
Riruta is in the Nairobi area of Kenya. The climate is moderate and the differences between seasons is minimal. It is a lower income area where the income is earned from industrial labor, construction, household chores, small scale trading and vocation work such as carpentry, masonry, and tailoring. More than 65,000 people live in Riruta.
Rural Kenyans generally live with their extended family in a cluster of huts, which provides shelter and symbolizes the closeness of the people living there. Family members typically share work responsibilities and resources as they support themselves through farming.
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. Education is provided by the Kenyan government for children up to age 8, however, nearly 1.7 million children do not attend school because of failing economic and social systems.
World Vision focuses on education, immunizations, HIV and AIDS prevention education, food security, and sanitation.
Thank you for supporting a small business loan for Annah Njeri to expand her used clothing business. After receiving the loan from World Vision, she invested the $600 to purchase second-hand clothing.
Annah has been repaying her loan on time with her new profits. She makes weekly payments of $12 .
In addition to repaying her loan, Annah is using additional income to pay school fees, purchase food and other daily necessities for the family and buy supplies in bulk. Annah's 4 children continue to study in school.
She is thankful for the loan and says "May God bless you as you empower more women in community by giving them new reason to work hard." I had some difficulty in paying the loan as business industry was affected by high taxes levied on second hand clothes.
Thank you for supporting Annah and World Vision Micro!
Thank you for supporting the small loan for Annah Njeri to improve her clothing business. She invested her loan of $600 to purchase second-hand clothing.
Annah has now repaid her loan in full. In addition to repaying her loan, Annah has used her additional income to buy supplies in bulk and expand her current business.
Annah's four children continue to study in school.
The loan Annah received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Annah hopes to send her children to school and expand her current business.
Thank you for your support of Annah and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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