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Musa is from Kenya. He has 8 children. He needs a loan of $650 Paying school fees for his daughters in university.
Musa Kipkemoi is 60 years old and married to Esther Chepsergon, a business woman. Musa and his wife have been blessed with eight children. Four are employed and married, three are in college, and one is in high school.
Musa runs a hotel which he started 26 years ago in the town of Kabarnet. Each month he gains a profit from his hotel business and additional income from farming.
This is Musa's fourth loan. He plans to use the loan to pay school fees for his two daughters in the university. Musa believes that his business will continue to grow as his hotel profits can now be used for business expansion rather than going towards school fees.
Musa hopes to educate his children to the highest education possible and to expand his hotel business and build a lodge. He describes himself as an honest, hardworking God fearing man.
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.
Kabarnet is located in Baringo District in the Rift Valley Province of Kenya. It is characterized by uninhabitable desert and fertile farmland, flat arid plains and steep slopes. 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 in Kenya. 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.
With a population nearing 75,000 and 20 percent being children under 5, access to health services is limited in Kabarnet. According to the World Health Organization, the leading causes of death among children younger than 5 are pneumonia, diarrheal diseases, HIV and AIDS, and malaria. Efforts are being made to strengthen the capacity of health workers and services. To receive care, people must travel, usually on foot, at least nine miles to the nearest health center.
In Kabarnet, World Vision also focuses on education, immunizations, HIV and AIDS prevention education, food security, and sanitation.
Musa used part of the loan to reduce the expenses of his children's education and to invest in his business. His business is successful and the profits are a reflection of Musa's ability to invest the loan funds rather then use it all towards the university education. Musa is loyal to the repayment terms and has a strong record and thanks the donors for trusting him with the funds. Thank you for supporting Musa and World Vision Micro!
Musa operates a small hotel. He used part of his loan to help reduce his children's school expenses. The rest he used to expand his business. Musa says, "I would like to thank them for their support, since through the loan I was able to develop my business as well as educate my children with ease because of the loan I was given by Kadet. I want to open a big hotel and a wholesale shop and build a permanent house for my family, also build a residential estate."
He has repaid his loan in full. Now these funds are available to help another worthy entrepreneur in his community. Thank you for supporting Musa and World Vision Micro!