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Catherine M

Catherine is from Rwanda. She needs a loan of $500 to purchase sorghum.

Commerce
Community:
Mudasomwa ADP
Country:
Rwanda
other entrepreneurs here Rwanda

Summary

Catherine is from Rwanda. She needs a loan of $500 to purchase sorghum.

  • Top Goals To purchase sorghum
  • Number of Employees 2

Catherine's Story

Catherine sells sorghum, a cereal crop, in Tare, Rwanda to earn a living. She has difficulty earning enough income to purchase more sorghum to be sold to customers.

Catherine requested a loan from World Vision so that she can purchase more sorghum in sacks and sell it to her customers. She will reinvest the profits in her business so that it continues to grow. With the additional income from her business, Catherine will improve her family's living conditions and be able to pay for her children's education.

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Industry Info

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.

Catherine's Community

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.

Catherine's Mid Term Update December 19, 2011

Thank you for supporting a small business loan for Catherine to expand her sorghum-selling business.

After receiving the loan from World Vision, she invested the $500 to purchase sorghum.

Catherine has been repaying her loan on time with her new profits. She makes weekly payments of $20.

In addition to repaying her loan, Catherine is using the additional income to purchase food for the family, expand the current business, and provide healthcare. Catherine's 4 children continue to study in school.

Thank you for supporting Catherine and World Vision Micro!

Catherine's Final Update March 12, 2012

Thank you for supporting the small business loan for Catherine Mukagatare to improve her food and grocery business. She invested her loan of $500 to purchase sorghum.

Catherine has now repaid her loan in full. In addition to repaying her loan, Catherine has used her additional income to pay school fees, expand the current business, and provide healthcare. Catherine's 4 children continue to study in school.

The loan Catherine received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Catherine hopes to add employees, expand the current business, and take out another loan.

Catherine would like to thank all the donors who contributed to help her. These funds are now being recycled to support another eager entrepreneur in the same community. Thank you for your support of Catherine and World Vision Micro!

Total Amount
$500

Amount raised

$500
$500
100%

Help Catherine

11 Donors

  • Chrissy
    August 18, 2011
    Contributed to 21 other loans
  • Brandie
    August 18, 2011
    Contributed to 19 other loans
  • Kelly
    August 18, 2011
    Contributed to 14 other loans
  • Brenda
    August 19, 2011
    Contributed to 20 other loans
  • Marilyn
    August 19, 2011
    Contributed to 20 other loans
  • Jennifer
    August 26, 2011
    Contributed to 11 other loans
  • Debbie
    August 26, 2011
    Contributed to 13 other loans
  • Paula D
    September 06, 2011
    Contributed to 20 other loans
  • Ilona
    September 06, 2011
    Contributed to 0 other loans
  • Cathey
    September 07, 2011
    Contributed to 19 other loans
  • Merrilee
    September 26, 2011
    Contributed to 16 other loans

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