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Emmanuel is from Rwanda. He has 6 children. He needs a loan of $1,025 Purchase grocery products for sale .
Emmanuel is from Rwanda. He has 6 children. He needs a loan of $1,025 Purchase grocery products for sale .
At Emmanuel's small shop he sells various grocery products. Though he wants his business to grow, at this time he lacks enough capital to buy and sell in greater quantities.
Emmanuel's concern is to take care of the basic needs of his family such as food, clothes and school fees.
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.
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.
Emmanuel invested the loan he received into his grocery store. He purchased larger quantities of grocery products to meet the demands of his customers. With larger quantities to sell he is gaining higher profits.
Emmanuel is grateful to all of those who have helped to support his business expansion. He is repaying his loan on time. Thank you for supporting Emmanuel and World Vision Micro!
Thank you for supporting the small business loan for Emmanuel Ntibiramira to improve his grocery business. He invested his loan of $1,025 by buying a variety of grocery products such as rice, soap, and beans.
Emmanuel has now repaid his loan in full. In addition to repaying his loan, Emmanuel has used his additional income to purchase food for the family and expand the current business and provide healthcare. Emmanuel's 6 children continue to study in school.
The loan Emmanuel received helped his business expand and the profits he is now earning create lasting improvements in his life. In the future Emmanuel hopes to send children to school and expand the current business and take out another loan.
Emmanuel would like to thank all donors who contributed to help him.
Thank you for your support of Emmanuel and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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