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Eunice J is from Kenya. She needs a loan of $300 to purchase stock for her retail shop.
Eunice J is from Kenya. She needs a loan of $300 to purchase stock for her retail shop.
Eunice, a mother of three, runs a retail shop in Kabarnet. She is challenged by lack of adequate stock as a result of capital deficiency, and inflation which reduces her profits. Her goal is to save some of her income to purchase a motorcyle, which she will use to transport her stock to market. She also wants to expand her business.
A World Vision microloan will allow Eunice to purchase stock for her retail store in order to remain competetive and attract more customers.
After paying her loan, the additional income will go toward paying her children's school fees, improving their living conditions and meeting their basic needs. Long term, she wants to build her family a house and set a good example for her community.
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.
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.
Eunice j Kurui does not have any updates yet.
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