Marceline Nyiramuhire is from Kibirizi, Rwanda. She has 3 children. She needs a loan of $525 to purchase clothes for elderly people.
Marceline Nyiramuhire is from Kibirizi, Rwanda. She has 3 children. She needs a loan of $525 to purchase clothes for elderly people.
Marceline has a business selling clothes to the elderly. The main problem she faces is that she posses an insufficient amount of capital to expand her business.
A loan will improve life for her family. She will be able to invest in her business and the income she will generate will enable her to save for her children's education and allow them time to relax with friends and family.
Marceline hopes to expand her business and provide jobs for people in her community. She plans to use the additional income from her business to help feed her children and provide them with clothes.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.
Marceline Nyiramuhire is from Kibirizi, Rwanda. She has 3 children. She needs a loan of $525 to purchase clothes for elderly people.
Mudasomwa is a densely populated rural community in Rwanda. Families in this area grow crops such as sorghum, sweet potatoes, beans, and bananas. Soil quality is poor, and many families keep livestock simply to have manure to use as fertilizer.
Some homes have roofs made of iron sheets or tiles, while others are simply thatched with grass. Widows and children often live in homes with damaged walls and leaking roofs. Many children in this community live alone or care for younger siblings and are unable to attend school. Insufficient diets, unclean water, and lack of sanitary toilets and sinks increase the prevalence of diseases, including malaria, worms, and malnutrition. Health facilities in the area do not have enough supplies or staff to adequately serve the community.
World Vision is working to improve life for community members in Mudasomwa by providing vocational training, school supplies, healthcare, health education, food assistance, seeds and fertilizers, livestock, and water tanks.
Marceline Nyiramuhire is from Kibirizi, Rwanda. She has 3 children. She needs a loan of $525 to purchase clothes for elderly people.
Marceline invested her loan in her business through purchasing more various styles of clothes. The total amount used is 300000. Her business has improved because up to July, she earned 80000 RWF.
Usually, she is paying well on the loan, only in the month of September did she pay late. She had some goods stolen from her but in general her business has been successful.
She is thankful to all the donors for their contribution. Thank you for supporting Marceline and World Vision Micro!
This loan has helped Marceline to expand her business. She was able to create another business selling charcoal by the sack.
Her profits increased from 20% to 60% since she received this loan. Marceline has been able to increase her standard of living, and help provide jobs within her community.
Marceline made all of her payments on time, except for one month in which she paid late. She had some goods stolen which set her back, however now she is on track.
Marceline has repaid her loan in full! These loan frunds are now available to help another worthy entrepreneur in her community. Thank you for supporting Marceline and World Vision Micro!
