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Mantegibosh is from Ethiopia. She needs a loan of $175 to buy teff for preparing injera.
A mother of one, Mantegibosh is a strong woman who makes and sells ‘injera’ every day to support her family. Injera is a flatbread and an Ethiopian staple food made out of teff flour. Mantegibosh believes that if she continues this business, she can be successful in generating more income. However, due to financial constraints, she is unable to strengthen and expand her business as she would like.
With a loan from World Vision Mantegibosh will be able to buy more grains like teff for baking and preparing injera. As her business grows, her income will also increase and she will be able to improve her family's living conditions. “I can provide my family with a healthy diet. I can send them to school. I can cover the expenses for their clothing," she said. Additionally, the locals will also benefit from the growth of her business. “As my business grows, I also hope to help one person by creating job opportunity in my community,” she said.
In the future, Mantegibosh hopes to open up a small cafeteria.
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.
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Mantegibosh Ayele does not have any updates yet.