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Jeanvier is from Rwanda. She needs a loan of $875 Purchase additional household goods to sell in small store.
Jeanvier is from Rwanda. She needs a loan of $875 Purchase additional household goods to sell in small store.
Jeanvier Yambere owns a shop which offers a variety of household goods. He intends to use his loan to increase inventory so that he can better meet the demands of his customers. Yeanvier's immediate goal is to use increased profits to better provide for the daily needs of his family. His long term goal is to become a wholesaler and hopefully to provide jobs for people in his community.
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.
The community of Maraba is situated in a chain of high mountains in southern Rwanda, along a highway leading to Rusizi district. Most families depend on agriculture for income, though production is low as a result of poor farming techniques. Food shortages and malnutrition are constant concerns. The region is home to three trading centers, and arts and crafts are increasing economic opportunities.
The community’s 13 primary schools struggle with overcrowding and a lack of resources. Dropout rates are high. The region is home to only one health center, and knowledge of preventive health practices is low. Common diseases include malaria, HIV and AIDS, respiratory infections, and waterborne diseases. Fewer than one-third of residents have access to clean, drinkable water.
In Maraba, World Vision is working to improve incomes and food security by providing agricultural assistance and training. We are also helping to ensure maintenance of educational facilities, with the overall goal of increasing school enrollment.
Jeanvier has invested the loan he received into his store. He purchased various household goods and added goods such as: clothes, irish potatoes, beans, rice, salt, cooking oil, etc. His business is flourishing. His profits have increased from 30% to 60%. He also provided employment to one person his community.
Jeanvier is paying his loan back on time. He is grateful to those who have helped to expand his business. Thank you for supporting Jeanvier and World Vision Micro!
Thank you for supporting the small business loan for Jeanvier Yambere to improve her retail and grocery business. She invested her loan of $875 by buying additional household goods to sell in small store.
Jeanvier has now repaid her loan in full. In addition to repaying her loan, Jeanvier has used her additional income to purchase food for the family and expand the current business and provide healthcare.
The loan Jeanvier received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Jeanvier hopes to add employees and expand the current business and take out another loan.
Jeanvier would like to thank all donors who were contributed to help him.
Thank you for your support of Jeanvier and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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