Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Sifora is from Rwanda. She needs a loan of $250 to purchase sorghum, bananas, and juice.
Sifora Ntuyemukaga is the mother of three children, and lives in Gaseza, Rwanda where she owns a drink stand. In her stand, she sells bananas, juice and sorghum drinks. Currently, she has limited funds to invest in the expansion of her business. However, with a loan from World Vision, she will be able to expand her business to meet the needs of her customers and provide one job opportunity for someone in her community. She would like to grow her business so that she can afford to buy a store in the town center.
Sifora will use the additional income from her expanded business to provide for the needs of her three children. She looks forward to providing better food for them, as well as paying the school fees necessary so that they will receive an education.
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 Kivuruga is located in northern Rwanda, close to Kigali city and Ruhengeri trading center. Farmers form the backbone of the economy, but most work with poor soil and outdated techniques. As a result, food insecurity and malnutrition are common. While Kivuruga is one of the poorest communities in Rwanda, the economic and social climate presents significant potential for growth. Residents are known for their hospitality and willingness to help each other.
Schools lack facilities and resources, and enrollment rates are low. Most families use rivers and streams as sources of drinking water, and few households have sanitary toilets. AIDS and malaria are the top killers in the community, largely due to lack of knowledge of prevention and control.
In Kivuruga, World Vision is working to increase food security, provide HIV and AIDS education and support, and enable entrepreneurs to begin or expand their businesses.
Thank you for supporting a small business loan for Sifora to expand her food and grocery business where she sells drinks.
After receiving the loan from World Vision, she invested the $250 to purchase sorghum, bananas, and juice.
Sifora has been repaying her loan on time with her new profits. She makes weekly payments of $6.
In addition to repaying her loan, Sifora is using the additional income to purchase food for her family, expand her current business, and provide healthcare. Sifora's 3 children continue to study in school.
Thank you for supporting Sifora and World Vision Micro!
Thank you for supporting the small business loan for Sifora Ntuyemukaga to improve her food and grocery business. She invested her loan of $250 to purchase sorghum, bananas, and juice.
Sifora has now repaid her loan in full. In addition to repaying her loan, Sifora has used her additional income to purchase food for the family, expand the current business, and provide healthcare. Sifora's 3 children continue to study in school.
The loan Sifora received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Sifora hopes to add employees, expand the current business, and take out another loan.
Thank you for your support of Sifora and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.