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Konjit A

Konjit is from Ethiopia. She has 1 child. She needs a loan of $575 to purchase more coffee and tea stock.

Commerce
Community:
(Damota II) Soddo
Country:
Ethiopia
other entrepreneurs here Ethiopia

Summary

Konjit is from Ethiopia. She has 1 child. She needs a loan of $575 to purchase more coffee and tea stock.

  • Top Goals To purchase more coffee and tea stock
  • Children Helped 1

Konjit's Story

Konjit Abebe is a mother of one child, she lives in Sodo, a rural part of Ethiopia. Konjit works very hard at maintaining her coffee and tea shop within her local community. “I have to work hard and get income. I know that if I work hard, I can achieve my target. By keeping this business growing, I want to improve my life style,” she said. Konjit lacks the funds at this time to sustain her business.

With a loan from World Vision, Konjit will able to purchase more coffee and tea stock to sustain and grow her business.“I think getting a loan is very great for me to run my business. By generating some more income, I want to provide my life style. Women in my community are not expected to have any financial independence, so I want to be financially independent to grow my little business into a sustainable livelihood for me and my child. That way I will finally be able to have some decision-making power, “she said. Because of a loan, she'll be able to attract new customers, grow her business, increase her income and provide for her family's needs.

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Industry Info

Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.

Konjit's Community

There is no community update available at this time.

Konjit's Mid Term Update December 17, 2012

Thank you for partnering with World Vision Micro to provide Konjit Abebe with a small loan for her coffee and tea shop business. Konjit used her loan of $575 to purchase more coffee and tea stock. She continues to make weekly payments of $11 on time.

With the profits she has earned from her growing business, Konjit is able to provide her family with healthcare, do home repairs and buy supplies in bulk.

Konjit's child continues to study in school. Thanks to Konjit's hard work, she will be able to provide a brighter future for her child.

Thank you for supporting Konjit's small business through World Vision Micro!

Konjit's Final Update June 17, 2013

Thank you for supporting the small loan for Konjit Abebe to improve her coffee and tea shop business. She invested her loan of $575 to purchase more coffee and tea stock.

Konjit has now repaid her loan in full. In addition to repaying her loan, Konjit has used her additional income to provide healthcare, do home repairs and purchase food for her family.

Konjit's child continues to study in school.

The loan Konjit received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Konjit hopes to start a new business and repair or expand their home.

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

Total Amount
$575

Amount raised

$575
$575
100%

Help Konjit

5 Donors

  • Clinton
    May 26, 2012
    Contributed to 8 other loans
  • Juleigh
    June 15, 2012
    Contributed to 3 other loans
  • Janice
    June 15, 2012
    Contributed to 14 other loans
  • Kayla
    June 16, 2012
    Contributed to 1 other loans
  • Joe
    June 18, 2012
    Contributed to 2 other loans

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