of the Month
of the Month
We hope that you and all your loved ones are safe and healthy. We are excited to share with you the story of Sherif, a hardworking taxi-driver in Massara-Cairo, and our February Business Partner of the month.
Sherif is a 48-year-old husband and father of two children. He has worked as a taxi-driver for almost 10 years. Last year, Sherif’s taxi was in constant need of maintenance, leaving Sherif and his family without a reliable source of income. At the same time, Sherif’s wife fell ill and her medications consumed a large portion of the family’s income. Unfortunately, due to the condition of the taxi, fulfilling his family’s needs became a challenge.
Last summer, Sherif heard about KV from our local field agent and in September 2020, he applied for a 90,000 L.E. loan to buy a new taxi. After interviewing him and reviewing his application, KV recognized the great potential for his business plan to be successful, and we approved his loan. Thanks to the capital provided by the loan, Sherif was able to buy a new taxi.
As an early bird who starts driving at 6:00 am everyday, Sherif has managed to execute on his revenue plan consistently in the 4 months since he received the loan. Now, he can provide a reliable income for his family that covers his wife’s medication without the risk of missing doses. Sherif’s children attend their school video meetings with the new computer he has purchased for them, as schools in Egypt have been shut down since the second wave of the pandemic. In addition, Sherif now has a monthly savings plan to provide a safety net for his family.
Through your prayers and donations, KV was able to empower Sherif to provide a more stable and healthy life for his family. We pray that his success will encourage others to reach out to KV to begin their journey towards an empowered future.