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