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Aime Sylvene is from Rwanda. He needs a loan of $675 to purchase more materials for his salon .
Aime Sylvene is from Rwanda. He needs a loan of $675 to purchase more materials for his salon .
Aime operates a hair salon. He is in need of more capital to purchase supplies for his salon. He will use the profits to reinvest in his business and to save for his future. His goal is grow his business and be able to hire fellow community members to work in his salon.
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 Nyarutovu is located in a hilly area, with access to the road that leads into Kigali, Rwanda’s capital city. Families depend on crops, including passion fruit, green vegetables, and bananas, for income. The climate is characterized by three seasons—a short rainy season, a long dry season, and a long rainy season. The area is served by one small river.
More than 2,500 women in the community lost their husbands in the genocide of the 1990s and now struggle to generate income, often while dealing with the effects of HIV and AIDS. Many children in Nyarutovu live in child-headed households, eat only one meal a day, and don’t attend school.
In Nyarutovu, World Vision is constructing classrooms equipped with toilets, providing educational supplies and paying school fees, building homes for orphans and vulnerable children, ensuring that those with HIV and AIDS have access to medical care, and building water tanks for access to safe water.
Thank you for supporting a small business loan for Aime Sylvene Semanza to expand his hair salon.
After receiving the loan from World Vision, he invested the $675 to purchase more materials for his salon.
Aime Sylvene has been repaying his loan on time with his new profits. He makes weekly payments of $16.
In addition to repaying his loan, Aime Sylvene is using additional income to purchase food for the family and provide healthcare.
Thank you for supporting Aime Sylvene and World Vision Micro!
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