Fiacre Muhire is from Nyamagabe, Rwanda. He has 1 child. He needs a loan of $875 to purchase soap, rice, and sugar.
Fiacre Muhire is from Nyamagabe, Rwanda. He has 1 child. He needs a loan of $875 to purchase soap, rice, and sugar.
Fiacre runs a basic goods store where he sells a variety of groceries and other items including: rice, sugar, and soap. He currently lacks sufficient capital to reinvest in his business. He also must travel a long way to purchase goods.
The additional profit from his shop will allow Fiacre to purchase food and clothes for his family. Moreover, his community will benefit from lower prices. In the future, Fiacre hopes to have a big shop where he can sell wholesale goods.
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.
Fiacre Muhire is from Nyamagabe, Rwanda. He has 1 child. He needs a loan of $875 to purchase soap, rice, and sugar.
The rural community of Nyamagabe is among the most densely populated regions in Rwanda. A large percentage of residents live in poverty, struggling to survive on poor harvests. The community suffers from an acute water shortage and poor hygiene, which lead to waterborne illnesses and diseases such as malaria and worms.
The majority of homes have roofs made of iron sheets or tiles, though some are simply thatched with grass.
Many children in child-headed households live in old, collapsing shelters that do not have lockable doors or windows. The community’s 13 primary and three secondary schools suffer from high dropout rates, as many children cannot afford school fees. Families in this region are still suffering the effects of the 1990s’ genocide that left many orphans and widows in its wake.
In order to improve livelihoods and create a sustainable future for families in Nyamagabe, World Vision is providing school supplies and constructing classrooms; building homes for orphans and vulnerable children; increasing income-generating opportunities through agricultural training and assistance; constructing water tanks; and providing HIV and AIDS care and support.
Fiacre Muhire is from Nyamagabe, Rwanda. He has 1 child. He needs a loan of $875 to purchase soap, rice, and sugar.
The loan has been invested in his business, he used five hundred thausand in his business.
He satisfies his customers and he is able to sort out his own problems and business problems through the profits earned. So far he is paying back well to VFC.
So far, he has no problems in his business. He is deeply thankful to all donars for their contribution in his business. Thank you for supporting Fiacre and World Vision Micro!
Fiacre used his loan to purchase additional merchandise to sell in his store and began expanding his business. His business began growing in the months after he received his loan. His profits increased. He has been able to purchase a motorcycle to help him with transportation.
Fiacre has hope for the future. He is thankful to everyone who contributed to and helped to make his loan possible. He has repaid his loan in full. These funds are now available to go towards helping another worthy entrepreneur in his community. Thank you for supporting Fiacre and World Vision Micro!
