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Enanu is from Ethiopia. She has 7 children. She needs a loan of $175 to buy more sheep to raise.
Born into a rural family, Enanu knows well how to properly raise sheep and goats. With this knowledge she is able to lead her large family by the income she gets from the animals she can raise and sell in the local market. However, although she would like to expand her business, Enanu is faced with a lack of capital with which to do so.
With a loan from World Vision, Enanu will be able to buy some more sheep for fattening. With more animals available to sell, she will be able to earn more for her family. She will also be able to increase her client base so that as she continues to raise more livestock, she will have loyal costumers who will buy from her. Enanu wants to work hard to generate more income, and she knows that as her business flourishes, she will accomplish her goal.
In the future, Enanu plans to expand her business by raising cattle as well as sheep and goats. With enough expansion to her current business she “can start another business. I can buy cattle for fattening,” she said. She feels that she is encouraged to move in this direction in running her business, and thereby generate more income for her family.
By strengthening her business, Enanu will be able to improve her family's livelihood by providing them a better diet and improved living conditions. She will also be able to provide her family with better quality clothing. And she will also be able to cover the costs of schooling for her seven children to give them hope for a brighter future.
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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