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Victoire is from Rwanda. She has 3 children. She needs a loan of $850 to purchase clothes to sell.
Victoire is from Rwanda. She has 3 children. She needs a loan of $850 to purchase clothes to sell.
Victoire sells second-hand clothing in the local market. She will use her loan from World Vision to invest in more inventory so that she can take care of the needs of her three children, become financially stable, and make a small profit. Her personal goal is to one day be able to have a savings.
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 rural community of Nyamagabe is among the most densely populated regions in Rwanda. A large percentage of residents live in poverty, struggling to survive on poor harvests. The community suffers from an acute water shortage and poor hygiene, which lead to waterborne illnesses and diseases such as malaria and worms.
The majority of homes have roofs made of iron sheets or tiles, though some are simply thatched with grass.
Many children in child-headed households live in old, collapsing shelters that do not have lockable doors or windows. The community’s 13 primary and three secondary schools suffer from high dropout rates, as many children cannot afford school fees. Families in this region are still suffering the effects of the 1990s’ genocide that left many orphans and widows in its wake.
In order to improve livelihoods and create a sustainable future for families in Nyamagabe, World Vision is providing school supplies and constructing classrooms; building homes for orphans and vulnerable children; increasing income-generating opportunities through agricultural training and assistance; constructing water tanks; and providing HIV and AIDS care and support.
Thank you for supporting a small business loan for Victoire Mukabahizi to expand her clothing and retail business where she sells clothes.
After receiving the loan from World Vision, she invested the $850 by buying clothes to sell.
Victoire has been repaying her loan on time with her new profits. She makes weekly payments of $35 in the Nyamagabe ADP.
In addition to repaying her loan, Victoire is using additional income to purchase food for the family and provide healthcare. Victoire's 3 children continue to study in school.
Victoire wants to thank all donors who were contributed to help her.
Thank you for supporting Victoire and World Vision Micro!
Thank you for supporting the small business loan for Victoire to improve her clothing and retail business. She invested her loan of $850 by buying clothes to sell.
Victoire has now repaid her loan in full. In addition to repaying her loan, Victoire has used her additional income to pay school fees, expand the current business, and provide healthcare. Victoire's 3 children continue to study in school.
The loan Victoire received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Victoire hopes to add employees, expand the current business, and take out another loan.
Victoire wants to thank all donors who contributed to help her.
Thank you for your support of Victoire and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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