Alice Uwingabire is from Huye, Rwanda. She needs a loan of $350 Expanding her business.
Alice Uwingabire is from Huye, Rwanda. She needs a loan of $350 Expanding her business.
Alice is 27 years old and married without children. She and her family live in the southern province of Rwanda in the Maraba district where her business is located. Alice owns a small business where she sells fruits and vegetables. She is one of the more younger entrepreneurs in this field and has one year of experience.
Alice is now requesting a loan from World Vision in order to expand her business through purchasing more vegetables and fruits. This expansion will allow her to satisfy the demands of her customers. With this loan Alice will be able to save the extra income for her future.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.
Alice Uwingabire is from Huye, Rwanda. She needs a loan of $350 Expanding her business.
The community of Maraba is situated in a chain of high mountains in southern Rwanda, along a highway leading to Rusizi district. Most families depend on agriculture for income, though production is low as a result of poor farming techniques. Food shortages and malnutrition are constant concerns. The region is home to three trading centers, and arts and crafts are increasing economic opportunities.
The community’s 13 primary schools struggle with overcrowding and a lack of resources. Dropout rates are high. The region is home to only one health center, and knowledge of preventive health practices is low. Common diseases include malaria, HIV and AIDS, respiratory infections, and waterborne diseases. Fewer than one-third of residents have access to clean, drinkable water.
In Maraba, World Vision is working to improve incomes and food security by providing agricultural assistance and training. We are also helping to ensure maintenance of educational facilities, with the overall goal of increasing school enrollment.
Alice Uwingabire is from Huye, Rwanda. She needs a loan of $350 Expanding her business.
With the use of this loan Alice purchased more food products for her grocery store. Her business has expanded and she has been able to create a job for another person in her community.
Alice makes regular payments on her loan and thanks each donor who contributed to the betterment of her small business. Thank you for supporting Alice and World Vision Micro!
This loan has helped Alice to expand her grocery store. The photo shows Alice with some of the cooking oil, spaghetti, tomato sauce and other products she sells is now able to sell. Her profit margin has increased from 40% to 60% since she received this loan. That is a 20% increase for her so far.
With this increase in profits she is now able to provide well for her family. Their standards of living has increased. She was also able to provide jobs for others in her community. Alic is doing well. She is grateful to those who made this possible. In the future she hopes to be able to expand and do even more with her business.
Alice has repaid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Alice and World Vision Micro!
