Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Biniam is from Ethiopia. He needs a loan of $175 to buy more cows and bulls for his butcher shop .
Biniam runs a butcher shop in Gido, Ethiopia.
He is happy with his business and wants to expand it, but is unable to due to limited finances. A loan from World Vision “would enable me to buy some more bulls so that I can provide the community with good quality meat,” he said.
He knows that as his business grows, he will attract more customers and become more accessible to the local people. He dreams of supplying meat to the local market as well.
He will use his increased income to improve his daily standard of living.
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.
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Thank you for supporting Biniam Tadese's meat selling business through World Vision Micro. Biniam invested his small business loan of $175 into buying more cows and bulls for supplying more meat to his butcher shop.
He has made weekly payments of $3, and has now fully repaid his loan.
With the profits from his business, Biniam decided to provide his family with healthcare, purchase food for them, and do home repairs.
Biniam's goal for the future is to earn enough so he can expand his current business and purchase needed equipment.
Thank you for providing Biniam with hope and a future through World Vision Micro. These funds are now being recycled to support another hardworking entrepreneur in the same community.