Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Rael is from Kenya. She has 1 child. She needs a loan of $500 to purchase cooking supplies.
Rael is a baker and cook for a hotel. She wants to be able to expand her business to eventually establish her own three star hotel someday. She provides food and soft drinks for a local hotel, however due to high food prices and lack of capital it is difficult to expand her business and make a profit for her family.
With a loan from World Vision Rael hopes to purchase cooking pots, in Kenya they are known in baking as jiko and sufuria pots.
She hopes to be able to provide for the basic needs of her family with the profits she makes with this loan as well be able to educate her family.
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.
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 Rael Adhiambo to expand her food and services business where she provides hotel cooking. After receiving the loan from World Vision, she invested the $500 to purchase cooking supplies.
Rael has been repaying her loan on time with her new profits. She makes weekly payments of $9.
In addition to repaying her loan, Rael is using her additional income to pay for transportation and expand the current business. Rael's child continues to study in school.
Rael is grateful for the loan.
Thank you for supporting Rael and World Vision Micro!
Rael Adhiambo has successfully repaid her small business loan. She invested the $500 for her food and services business.
Thanks to the loan that she received, Rael was able to use the profits from her business to pay for transportation and expand her current business. In the future, Rael aspires to earn enough to expand her current business and take out another loan.
Rael's child continues to study in school. Because she was able to invest in her business, she will be able to invest in her family.
Rael is very grateful for the support.
Thank you for investing in the power of hardworking people like Rael through World Vision! These funds are now available to help other entrepreneurs in Rael’s community.