Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Genevieve is from Rwanda. She needs a loan of $275 to purchase more bricks.
Genevieve Hafashimana lives in Sereri, Rwanda, where she is raising her six children. Her business provides bricks to her customers.
Although Genevieve has been working in this business for a long time, she not had the opportunity to start saving for the future. With a loan from World Vision, Genevieve will be able to invest in more bricks and increase her customer base. This will increase her profits, and her ability to re-invest in her business growth and expansion. She also looks forward to hiring six additional staff, thus providing job opportunities within her community.
With a successful brick business, she will be able to provide for her six children and improve their quality of life. She looks forward to a secure future.
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 Farmers form the backbone of the economy, but most work with poor soil and outdated techniques.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.
Genevieve used her loan to purchase another machine for her business. Through the new items she has purchased with the loan, she was able to increase her daily profit.
Genevieve is repaying the loan on time. Thank you for supporting Genevieve and World Vision Micro!
Thank you for supporting the small business loan for Genevieve Hafashimana to improve her retail and services business. She invested her loan of $275 to purchase more bricks.
Genevieve has now repaid her loan in full. In addition to repaying her loan, Genevieve has used her additional income to purchase food for the family, expand the current business, and provide healthcare. Genevieve's 6 children continue to study in school.
The loan Genevieve received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Genevieve hopes to add employees, expand the current business, and take out another loan.
Thank you for your support of Genevieve and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.