Lightbox_close_button

Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.

READ MORE…

This loan is fully funded. Search for similar loans.

Group D

Group is from Rwanda. He needs a loan of $550 Purchase more inventory for shops.

Commerce
Community:
Mudasomwa ADP
Country:
Rwanda
other entrepreneurs here Rwanda

Summary

Group is from Rwanda. He needs a loan of $550 Purchase more inventory for shops.

  • Top Goals Purchase more inventory for shops

Group's Story

Dukoranumurava group is a solidarity group that is composed of three men who own their own shops. The group comprised of Niyibizi Siron, Mugisha Claude and Bagirubwira Emmanuel have each been in business since 2006. The loan they are requesting from World Vision will help them to improve their businesses through purchasing more products.

The group is from Nyamagabe, a town in the southern province of Rwanda. This is a hilly region, where most people are farmers. Siron and Claude are single and still living with their parents while Emmanuel is married with one child. With the profits from these loans, they will be able to save more money for a better future for their families. In addition, they will be able to build their own houses. The unmarried loan borrowers will also be able to afford getting married, and Emmanuel will be able to pay school fees for his child.

This group of men believe that by accessing this new loan, they will be able to improve their lives and have hope for a better future.

Download PDF

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.

Group's Community

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.

Group's Mid Term Update July 27, 2010

The men of the Dukoranumurava group have used their loans from World Vision to purchase rice, cloth, and salt to sell in their shops. With the profits from a business expansion, they plan to pay for their children's school fees and provide food and clothes for their respective families. Moreover, they now plan to save money and expand their businesses further.

Group's Final Update October 19, 2010

The men of the Dukoranumurava group used the money from this loan to improve their businesses and provide for their families. In the future they want to move to a town, expand their businesses, and send their children to school. A better life for their families is their great hope.

The loan has been fully repaid and the men give thanks to those who sponsored their loan through World Vision.

Total Amount
$550

Amount raised

$550
$550
100%

Help Group

7 Donors

  • Jordan
    September 16, 2009
    Contributed to 3 other loans
  • Tony
    March 24, 2010
    Contributed to 90 other loans
  • Donal
    March 27, 2010
    Contributed to 4 other loans
  • Dave
    March 29, 2010
    Contributed to 11 other loans
  • Joseph
    April 11, 2010
    Contributed to 0 other loans
  • Nancy
    May 03, 2010
    Contributed to 0 other loans
  • Don
    May 04, 2010
    Contributed to 6 other loans

Similar Opportunities