Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Mary is from Kenya. She has 3 children. She needs a loan of $375 to buy inventory for her retail shop.
Mary, the mother of three, runs a retail shop. She enjoys her business and wants to sustain it, but she needs money to keep an adequate level of inventory on hand.
A World Vision micro loan will allow Mary to restock her store for increased profits.
The additional income will ensure that Mary's children can go to school and she can pay for school fees; her family's living conditions will improve substantially.
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.
Thank you for supporting Mary Tuitoek's retail business through World Vision Micro. Mary invested her small business loan of $375 to buy more inventory for her retail shop to attract customers and improve her sales.
She has made weekly payments of $7, and has now fully repaid her loan.
With the profits from her business, Mary has been able to pay school fees for her children, purchase food for her family, and expand her current business.
Mary's goal for the future is to earn enough so she can continue sending her children to school, further expand her current business, and take out another loan.
Mary's three children remain in school. Because of your donation, Mary is able to provide a better future for her children.
Thank you for providing Mary with hope and a future through World Vision Micro. These funds are now being recycled to support another hardworking entrepreneur in the same community.