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Yeshidinber is from Ethiopia. He has 6 children. He needs a loan of $175 to buy more sheep.
Yeshidinber is a farmer with six children. He grew up in a rural area and knows how to make a living and a profit from agriculture and animal husbandry. He currently has a small plot of land suitable for raising sheep. He would like to expand his sheep raising business by buying more sheep, for which he is requesting a loan.
Yeshidinber appreciates the loan and knows that he can use it effectively. His goal is to increase his income enough to improve his standard of living and to send his children to a good school. In the long term, he wishes to buy some more hybridized cows to supply the community with milk and milk products.
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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Thank you for supporting a small business loan for Yeshidinber Ayalkibet to expand his livestock business. After receiving the loan from World Vision, he invested the $175 to buy more sheep to raise and sell for profit.
Yeshidinber has been repaying his loan on time with his new profits. He makes weekly payments of $3.
In addition to repaying his loan, Yeshidinber is using additional income to provide his family with healthcare, do home repairs and purchase food for his family.
Yeshidinber's seven children continue to study in school.
Thank you for supporting Yeshidinber and World Vision Micro!
Thank you for supporting the small loan for Yeshidinber Ayalkibet to improve his livestock business. He invested his loan of $175 to buy more sheep to raise and sell for profit.
Yeshidinber has now repaid his loan in full. In addition to repaying his loan, Yeshidinber has used his additional income to purchase his children's school supplies and to provide food and healthcare for the family.
Yeshidinber's six children continue to study in school.
The loan Yeshidinber received helped his business expand and the profits he is earning is creating lasting improvements in his life. In the future, Yeshidinber hopes to expand his current business, purchase more livestock and repair or expand their home.
Thank you for your support of Yeshidinber and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.