The WWB Network has mobilized more than $1.4 billion in loans to low-income entrepreneurs around the globe. The average loan size is $467, and even such a small amount has the power to transform lives.
In Colombia, with a loan of $453, Ana Maria was able to buy furniture and prepare her home to start a kindergarten and daycare center. Today, Ana MarĂa cares for 26 children in her preschool, ranging in age from two to four. She has one employee and charges USD 13 per month per child, adjusting the payments to the parents' ability to pay.
In Kenya, Joyce Wafukho borrowed $680 and received business training to improve and expand her hardware store. In just a few years, Joyce was able to grow from selling only tomatoes and charcoal to a complete hardware store with a staff of 25. She went from owning next to nothing to holding fixed assets worth more than $27,000.
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