Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Florentine is from Rwanda. She has 5 children. She needs a loan of $225 to purchase pineapple for resale.
Florentine enjoys running her pineapple business where she sells the fruit in her community at reasonable prices.
She will use her loan from World Vision to expand her business which will create jobs within her community. Florentine's business goal is to become profitable. In turn, she will become more financially stable which will improve the quality of life for herself and her five children.
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.
After receiving a loan from World Vision, Florentine was able to expand her pineapple business. She has since expanded and purchased passion fruit, apples and powdered milk. She wants to start a small supermarket.
For the profits Florentine makes, she was able to keep paying for the school fees of the children and provide her business. She is encouraging other women to be active in doing business.
Florentine has been making her loan repayments on time.
Thank you for supporting Florentine and World Vision Micro.
Thank you for supporting the small business loan for Florentine Mukamurigo to improve her business. She invested her loan of $225 by buying to purchase pineapple and other fruits.
Florentine has now repaid her loan in full. In addition to repaying her loan, Florentine has used her additional income to purchase food for the family and expand the current business and provide healthcare. Florentine's 5 children continue to study in school.
The loan Florentine received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Florentine hopes to add employees and expand the current business and take out another loan.
Thank you for your support of Florentine and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.