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Annonciatha is from Rwanda. She has 2 children. She needs a loan of $675 to purchase additional meat for resale.
Annonciatha is from Rwanda. She has 2 children. She needs a loan of $675 to purchase additional meat for resale.
Annonciatha is a resident of Kigoma, Rwanda. In order to make a living for her family, she sells meat in her community. Her biggest challenge right now is obtaining enough capital to properly run her business.
With a loan from World Vision Annonciatha will be able to purchase additional meat to resell to her clients. In addition to selling to her current clientele, she can also increase her customer base by advertising her increased product availability. The increased sales from the additional meat purchased will give Annonciatha the profits she needs to further expand her business. With enough growth, she hopes to be able to offer jobs to others in her community.
With the additional profits she will make from her increased sales, Annonciatha plans to improve her living conditions and increase her daily consumption. She also hopes to make enough to get medical insurance for her entire family, including coverage for her two children.
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 rural community of Nyamagabe is among the most densely populated regions in Rwanda. A large percentage of residents live in poverty, struggling to survive on poor harvests. The community suffers from an acute water shortage and poor hygiene, which lead to waterborne illnesses and diseases such as malaria and worms.
The majority of homes have roofs made of iron sheets or tiles, though some are simply thatched with grass.
Many children in child-headed households live in old, collapsing shelters that do not have lockable doors or windows. The community’s 13 primary and three secondary schools suffer from high dropout rates, as many children cannot afford school fees. Families in this region are still suffering the effects of the 1990s’ genocide that left many orphans and widows in its wake.
In order to improve livelihoods and create a sustainable future for families in Nyamagabe, World Vision is providing school supplies and constructing classrooms; building homes for orphans and vulnerable children; increasing income-generating opportunities through agricultural training and assistance; constructing water tanks; and providing HIV and AIDS care and support.
Thank you for supporting a small business loan for Annonciatha Nahimana to expand her food and grocery business where sells meat.
After receiving the loan from World Vision, she invested the $675 to purchase additional meat for resale.
Annonciatha has been repaying her loan on time with her new profits. She makes weekly payments of $28 in the Nyamagabe ADP.
In addition to repaying her loan, Annonciatha is using additional income to purchase food for the family and provide healthcare. Annonciatha's 2 children continue to study in school.
Annonciatha wants to thank all donors who contributed to help her.
Thank you for supporting Annonciatha and World Vision Micro!
Thank you for supporting the small business loan for Annonciatha Nahimana to improve her food and grocery business.
Annonciatha has now repaid her loan in full. In addition to repaying her loan, Annonciatha has used her additional income to purchase food for the family and expand the current business and provide healthcare. Annonciatha's 2 children continue to study in school.
The loan Annonciatha received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Annonciatha hopes to add employees and expand the current business and take out another loan.
Annonciatha wants to thank all donors who contributed to help her.
Thank you for your support of Annonciatha and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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