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Rafera is from Ethiopia. He needs a loan of $150 to buy potatoes to plant and fertilizer.
Rafera is a farmer and father of one from Wonchi, Ethiopia. He wants to work on his farm effectively, but currently lacks the capital needed to make the most of his farm.
With a loan through World Vision, Rafera will be able to purchase potatoes to plant and fertilizer to make the most of his crop. He will then produce a higher yield and generate income. Additional income created will allow Rafera to better provide for his family. “If I get a loan, I will buy fertilizer to maximize his income. I can plant vegetables like potatoes in my garden. This enables me to get more income, cover expenses, and send my children to school,” he said.
In the future, Rafera wants to expand his business so that he can provide his family with things they need. He also dreams to participate in other business activities like cattle fattening.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
Th e Wonchi ADP, which started in 2001, is 76 miles west of the Ethiopian capital of Addis Ababa. Encompassing 183 square miles, Wonchi is home to almost 120,000 people. Currently, 5,000 children are registered in the sponsorship program.
The goal of World Vision in Wonchi is to improve the livelihood security of 36,000 children and families in the area. Almost all of the people—99 percent—are subsistence farmers, depending on crops and livestock as their means of food and income. Deforestation and soil erosion are among the major problems that impact their ability to increase crop production and feed their families.
The highest priority in the Wonchi ADP is to increase crop and livestock productivity so that farmers can feed their families and generate income. With additional income, they are able to pay for healthcare and education for their children, greatly improving their quality of life.
Providing access to credit and saving services has helped to increase household income. Credit has enabled community members to own assets like farm oxen, sheep, and homes. It has also provided opportunities for job skills training.
Rafera Chinka does not have any updates yet.