Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Angelique is from Rwanda. She needs a loan of $1,025 to purchase lemonade, biscuits and sugar.
Angelique has a grocery store where she sells various household goods and foods.
Her main challenge is having insufficient capital to invest in her business. This means she struggles to provide the goods her customers are asking for.
This loan will ensure that she is better able to stock her store. In this way, she will be able to provide necessities for her family.
In the future, Angelique hopes to expand her business to provide a greater variety of items.
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 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.
Thank you for supporting a small business loan for Angelique Mukandayisenga to expand her food and grocery business where she sells grocery store. After receiving the loan from World Vision, she invested the $1,025 to purchase lemonade, biscuits and sugar.
Angelique has been repaying her loan on time with her new profits. She makes weekly payments of $24 .
In addition to repaying her loan, Angelique is using additional income to purchase food for the family and provide healthcare. Angelique's 2 children continue to study in school.
Thank you for supporting Angelique and World Vision Micro!
Thank you for supporting the small business loan for Angelique Mukandayisenga to improve her food and grocery business. She invested her loan of $1,025 to purchase lemonade, biscuits and sugar.
Angelique has now repaid her loan in full. In addition to repaying her loan, Angelique has used her additional income to purchase food for the family and expand the current business and provide healthcare.
The loan Angelique received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Angelique hopes to add employees and expand the current business and take out another loan.
Thank you for your support of Angelique and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.