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Esperance U

Esperance is from Rwanda. She needs a loan of $275 to purchase more wool.

Production
Community:
Nyarutovu
Country:
Rwanda
other entrepreneurs here Rwanda

Summary

Esperance is from Rwanda. She needs a loan of $275 to purchase more wool.

  • Top Goals To purchase more wool
  • Dependants Helped 3
  • Number of Employees 1

Esperance's Story

Esperance Ugenwenimana lives in Gashenyi, Rwanda, where she has a small weaving business. She makes beautiful garments, such as pullover sweaters for the members of her community. She finds that the cost of the wool she uses can be expensive, so with her loan from World Vision, she will purchase that wool and hire one employee. The more wool she purchases means that she can fashion more sweaters and make more profit to care for her family.

Esperance plans to make pullover sweaters for the local school children. She also plans on creating other fashionable clothing to sell. She is looking forward to being able to better clothe her family and her community.

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Industry Info

Entrepreneurs with specialized skills can apply for a loan in the manufacturing sector. Examples of businesses in the manufacturing sector are making and selling clothes, shoes, machine parts, baskets…the list goes on. These savvy entrepreneurs see the opportunity in their community and, with the help of a loan and their unique talents, can establish their niche. Only 3% of our loans are in the manufacturing sector.

Esperance's Community

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.

Esperance's Mid Term Update July 19, 2012

Thank you for supporting a small business loan for Esperance Ugenwenimana to expand her weaving business.

After receiving the loan from World Vision, she invested the $275 to purchase more wool.

Esperance has been repaying her loan on time with her new profits. She makes weekly payments of $8.

In addition to repaying her loan, Esperance is using additional income to purchase food for the family and provide healthcare.

Esperance's 2 children continue to study in school.

Thank you for supporting Esperance and World Vision Micro!

Esperance's Final Update November 08, 2012

Thank you for supporting the small loan for Esperance Ugenwenimana to improve her weaving business. She invested her loan of $275 to purchase more wool.

Esperance has now repaid her loan in full. In addition to repaying her loan, Esperance has used her additional income to purchase food for the family and provide healthcare.

Esperance's 2 children continue to study in school.

The loan Esperance received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Esperance hopes to start a new business and take out another loan.

Thank you for your support of Esperance and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$275

Amount raised

$275
$275
100%

Help Esperance

11 Donors

  • Terry
    May 25, 2011
    Contributed to 1 other loans
  • Jen
    May 27, 2011
    Contributed to 38 other loans
  • Sheila
    June 01, 2011
    Contributed to 16 other loans
  • Nancy
    June 17, 2011
    Contributed to 33 other loans
  • Deean C
    June 17, 2011
    Contributed to 11 other loans
  • Belinda
    June 17, 2011
    Contributed to 0 other loans
  • Mary
    August 05, 2011
    Contributed to 20 other loans
  • Ann
    August 05, 2011
    Contributed to 4 other loans
  • Marjorie
    August 05, 2011
    Contributed to 19 other loans
  • Yvonne
    August 05, 2011
    Contributed to 5 other loans
  • Cherrie
    August 05, 2011
    Contributed to 35 other loans