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Gebrehiwot is from Ethiopia. He has 7 children. He needs a loan of $200 to buy more sheep for fattening.
A father of seven, Gebrehiwot works hard rearing and fattening sheep and selling them for a profit. Right now his business is doing well and Gebrehiwot wants to move his business forward to make a profit. ”I'm a farmer and I know that how to make a profit from my business. But, I need financial support to buy some more sheep. A World Vision micro loan would enable me to achieve my target,” he said.
With a World Vision loan Gebrehiwot will be able to buy more sheep for fattening. He believes that as his business grows and his customer base increases, he will be able to generate more income to better provide for his family and improve their living conditions. Gebrehiwot hopes to continue expanding his business. In the future, he plans to participate in cattle fattening in his area as well.
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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