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Jacqueline Nyiraneza

Start Date: July 28, 2010

Jacqueline Nyiraneza is from Nyaruguru, Rwanda. She has 1 child. She needs a loan of $850 to purchase a variety of goods to sell.

Commerce
City:
Nyaruguru
Community:
Nyaruguru ADP
Country:
Rwanda
other entrepreneurs here Nyaruguru, Rwanda

Summary

Jacqueline Nyiraneza is from Nyaruguru, Rwanda. She has 1 child. She needs a loan of $850 to purchase a variety of goods to sell.

  • Top Goals To purchase a variety of goods to sell
  • Children Helped 1
  • Additional Jobs Created 2

Jacqueline's Story

Jacqueline has owned a shop for many years, and yet she lacks an adequate amount of funds to expand her business meaningfully. She believes that a loan from World Vision will improve her family's well-being immensely. She aims to save money for the future and offer reasonable prices to the members of her community. In the future, Jacqueline would like to continue expanding her business until she owns and operates a warehouse.

Industry Info

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.

Summary

Jacqueline Nyiraneza is from Nyaruguru, Rwanda. She has 1 child. She needs a loan of $850 to purchase a variety of goods to sell.

  • Top Goals To purchase a variety of goods to sell
  • Children Helped 1
  • Additional Jobs Created 2

Jacqueline's Community

The community of Nyaruguru is located in southern Rwanda, where the climate is temperate. Despite poor soil, most families depend on subsistence agriculture. Food insecurity and malnutrition rates are high. Some farmers grow tea, which is then sold to a nearby factory. Livestock were once a source of income, but cattle have been consistently stolen to finance the conflict in the neighboring Democratic Republic of the Congo, which was sparked by the Rwandan genocide of the 1990s.

As a result of the genocide, many children are orphaned and living in child-headed households. Families struggle to find suitable shelter; many homes lack adequate roofing and are in need of repair. Unable to afford school fees, children often abandon education and seek jobs. Though HIV and AIDS remains a serious concern, the community lacks the resources to provide adequate healthcare.

In Nyaruguru, World Vision is working to improve quality of life for community members by constructing health centers and toilets; supporting education through school supplies and financial assistance; providing building materials for houses; educating individuals about HIV and AIDS; and providing agricultural and marketing training.

Summary

Jacqueline Nyiraneza is from Nyaruguru, Rwanda. She has 1 child. She needs a loan of $850 to purchase a variety of goods to sell.

  • Top Goals To purchase a variety of goods to sell
  • Children Helped 1
  • Additional Jobs Created 2

Jacqueline's Mid Term Update January 14, 2011

Jacqueline used the loan to purchase more products to sell in her shop. Her business has improved greatly due to the expansion of her sales and profits.

Jacqueline is loyal to the repayment terms and has a strong record.

She is grateful to any donor who contributed in the progress of her business.

Thank you for supporting Jacqueline and World Vision Micro!

Jacqueline's Final Update May 06, 2011

Jacqueline bought more stock for her shop and noticed a significant increase in the profits of her business. She was even able to hire an additional employee to help run the shop.

Jacqueline was able to repay the loan in full! These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Jacqueline and World Vision Micro!

Total Amount
$850

Amount Raised To Date

$850
100%

Help Jacqueline

13 Donors

  • Mindi
    August 14, 2010
    Contributed to 0 other loans
  • Patricia
    August 23, 2010
    Contributed to 18 other loans
  • Kenneth
    August 25, 2010
    Contributed to 0 other loans
  • Bob
    August 31, 2010
    Contributed to 0 other loans
  • Clarence
    September 01, 2010
    Contributed to 1 other loans
  • Matthew
    September 10, 2010
    Contributed to 9 other loans
  • Rob
    September 15, 2010
    Contributed to 0 other loans
  • Damilola
    September 16, 2010
    Contributed to 3 other loans
  • Amy
    September 19, 2010
    Contributed to 0 other loans
  • Mysty
    September 19, 2010
    Contributed to 2 other loans
  • Kim
    September 20, 2010
    Contributed to 0 other loans
  • Lynn
    September 21, 2010
    Contributed to 4 other loans
  • David
    September 24, 2010
    Contributed to 1 other loans

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