Seraphine Mukandutiye is from Gikongoro/Mudasomwa, Rwanda. She has 2 children. She needs a loan of $375 to purchase shoes for resale.
Seraphine Mukandutiye is from Gikongoro/Mudasomwa, Rwanda. She has 2 children. She needs a loan of $375 to purchase shoes for resale.
Seraphine sells shoes and clothes and has been in this business for five years. She started her business with a small capital and could not earn enough profits to care for her family.
With a new loan requested in Vision Finance; Seraphine will be able to purchase more pairs of shoes and clothes.
Through accessing this new loan and getting more inventory, Seraphine hopes to pay for school fees for her children and buy a house with the profits.
Mukankundiye Seraphine is 26 years old, married with her two children Alice and Fidele and one relative. She lives in Mudasomwa sector.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.
Seraphine Mukandutiye is from Gikongoro/Mudasomwa, Rwanda. She has 2 children. She needs a loan of $375 to purchase shoes for resale.
Mudasomwa is a densely populated rural community in Rwanda. Families in this area grow crops such as sorghum, sweet potatoes, beans, and bananas. Soil quality is poor, and many families keep livestock simply to have manure to use as fertilizer.
Some homes have roofs made of iron sheets or tiles, while others are simply thatched with grass. Widows and children often live in homes with damaged walls and leaking roofs. Many children in this community live alone or care for younger siblings and are unable to attend school. Insufficient diets, unclean water, and lack of sanitary toilets and sinks increase the prevalence of diseases, including malaria, worms, and malnutrition. Health facilities in the area do not have enough supplies or staff to adequately serve the community.
World Vision is working to improve life for community members in Mudasomwa by providing vocational training, school supplies, healthcare, health education, food assistance, seeds and fertilizers, livestock, and water tanks.
Seraphine Mukandutiye is from Gikongoro/Mudasomwa, Rwanda. She has 2 children. She needs a loan of $375 to purchase shoes for resale.
Seraphine has used her loan from World Vision to buy shoes to sell in her shop. While her main challenge is the nearby competition that takes away customers, her profits have allowed her to provide for her family health care, food, and savings. In addition, she was able to purchase small livestock, such as goats.
Her prayer request is that her business would expand, would earn more profit, and that her family would have a better life as a result. In the future, she will pursue education so that she can live a better life and make her business better.
Seraphine had initially used her loan to buy shoes to sell in her shop. But her business has failed. The client's business has not expanded. She is thankful to all of the donors who contributed to the fund.
Despite the fact that World Vision boasts a 98.7% repayment rate, there will always be some loans that do not get fully repaid. While World Vision does everything it can to ensure that this does not happen, it is an unfortunate reality that must be recognized when providing loans to less fortunate populations.
We regret to inform you that Seraphine has defaulted on her loan but hope you will continue to support her by praying for her business and family. Once again, thank you for supporting World Vision Micro.
