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Asrebeb T

Asrebeb is from Ethiopia. She has 2 children. She needs a loan of $175 to buy more bulls for fattening.

Agriculture/Animals
Community:
Ajibar
Country:
Ethiopia
other entrepreneurs here Ethiopia

Summary

Asrebeb is from Ethiopia. She has 2 children. She needs a loan of $175 to buy more bulls for fattening.

  • Top Goals To buy more bulls for fattening
  • Children Helped 2

Asrebeb's Story

Asrebeb, a mother of two, has good cattle fattening skills. She believes she can be very successful in generating more income. “If I get a loan, I can buy more bulls that I can fatten and take to the local market for sale. I can easily make a profit,” she said.

Price fluctuations challenge Asrebeb's ability to negotiate prices for livestock. She needs a World Vision microloan to buy some more cows and bulls. Asrebeb wants to expand her business to include sheep fattening, in the future.

The additional income will improve her family's living conditions. In Asrebeb's words: "I can provide my family with a healthy diet. I can send them to school. I can cover the expenses for their clothing.” She will also be providing a benefit to her local community--the people will no longer have to travel long distances in search of cows.

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Industry Info

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.

Asrebeb's Community

There is no community update available at this time.

Asrebeb's Mid Term Update December 19, 2012

Thank you for supporting a small business loan for Asrebeb Tegegn to expand her livestock business. After receiving the loan from World Vision, she invested the $175 to buy more bulls to raise and sell for profit.

Asrebeb has been repaying her loan on time with her new profits. She makes weekly payments of $3.

In addition to repaying her loan, Asrebeb is using additional income to provide her family with healthcare, do home repairs and purchase food for her family.

Asrebeb's two children continue to study in school.

Thank you for supporting Asrebeb and World Vision Micro!

Asrebeb's Final Update June 19, 2013

Asrebeb

Thank you for supporting the small loan for Asrebeb Tegegn to improve her livestock business. She invested her loan of $175 to buy more bulls to raise and sell for profit.

Asrebeb has now repaid her loan in full. In addition to repaying her loan, Asrebeb has used her additional income to pay her children's school fees, provide food and healthcare for her family.

Asrebeb's two children continue to study in school.

The loan Asrebeb received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Asrebeb hopes to expand her current business, purchase more livestock and repair or expand their home.

Thank you for your support of Asrebeb and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$175

Amount raised

$175
$175
100%

Help Asrebeb

1 Donors

  • Cory
    June 20, 2012
    Contributed to 3 other loans

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