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Ladislas N

Ladislas is from Rwanda. He has 1 child. He needs a loan of $875 to purchase a large quantity of meat to sell.

Commerce
Community:
Nyarutovu
Country:
Rwanda
other entrepreneurs here Rwanda

Summary

Ladislas is from Rwanda. He has 1 child. He needs a loan of $875 to purchase a large quantity of meat to sell.

  • Top Goals To purchase a large quantity of meat to sell
  • Children Helped 1
  • Number of Employees 1

Ladislas's Story

Ladislas sells meat to earn a living for his family. With the loan, he hopes that he will be able to grow and expand his business, which will increase his family’s financial stability. In addition, with the earnings from his business, he wishes to provide resources for the basic needs of his family and raise their standard of living.

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Industry Info

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.

Ladislas's Community

The community of Nyarutovu is located in a hilly area, with access to the road that leads into Kigali, Rwanda’s capital city. Families depend on crops, including passion fruit, green vegetables, and bananas, for income. The climate is characterized by three seasons—a short rainy season, a long dry season, and a long rainy season. The area is served by one small river.

More than 2,500 women in the community lost their husbands in the genocide of the 1990s and now struggle to generate income, often while dealing with the effects of HIV and AIDS. Many children in Nyarutovu live in child-headed households, eat only one meal a day, and don’t attend school.

In Nyarutovu, World Vision is constructing classrooms equipped with toilets, providing educational supplies and paying school fees, building homes for orphans and vulnerable children, ensuring that those with HIV and AIDS have access to medical care, and building water tanks for access to safe water.

Ladislas's Mid Term Update March 25, 2011

Thank you for supporting a small business loan for Ladislas Niyigena to expand his food and grocery business where he sells the sale of meat. After receiving the loan from World Vision, he invested the $875 to purchase a large quantity of meat to sell.

Ladislas has been repaying his loan on time with his new profits. He makes weekly payments of $21 .

In addition to repaying his loan, Ladislas is using additional income to purchase food for the family and provide healthcare. Ladislas's 1 child continues to study in school.

Thank you for supporting Ladislas and World Vision Micro!

Ladislas's Final Update August 12, 2011

Thank you for supporting the small business loan for Ladislas. He used his loan to purchase a large quantity of meat to sell. He increased his income.

In addition to repaying his loan, Ladislas has used his additional income to purchase more nutritious food for his family and provide healthcare. Ladislas's child continues to study in school.

Ladislas would like to thank all of the donors who contributed to help him.

His loan is now paid in full. These funds are now available to help another worthy entrepreneur in his community. Thank you for supporting Ladislas and World Vision Micro!

Total Amount
$875

Amount raised

$875
$875
100%

Help Ladislas

1 Donors

  • Calibrate
    November 05, 2010
    Contributed to 15 other loans

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