Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Angelique is from Rwanda. She has 2 children. She needs a loan of $1,000 to purchase goods to resell.
Angelique, a mother of two from Burera, Rwanda seeks purchase more goods like soap, cooking oil, umbrellas, body lotion, etc. to resell in her store. Her current challenge is getting enough capital to properly run her business.
With a loan through World Vision, Angelique will be able to restock her store and sell more varieties of goods. The increased sales from the boutique will give Angelique the profits she needs to further expand her business, get medical insurance for her family, and improve the living conditions of her family through better food and being able to pay school fees for her children.
In the future, Angelique hopes to expand her store and be able offer jobs to others in her community.
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 Angelique Mukanyana to expand her retail and services business where she runs a boutique. After receiving the loan from World Vision, she invested the $1,000 to purchase goods to resell.
Angelique has been repaying her loan on time with her new profits. She makes weekly payments of $31. In addition to repaying her loan, Angelique is using additional income to purchase food for the family and provide healthcare. Angelique's 2 children continue to study in school.
Thank you for supporting Angelique and World Vision Micro!
Thank you for supporting the small loan for Angelique Mukanyana to improve her retail and services business. She invested her loan of $1,000 to purchase goods to resell to her customers.
Angelique has now repaid her loan in full. In addition to repaying her loan, Angelique has used her additional income to pay her children's school fees, purchase food for her family and provide healthcare for them.
Both of Angelique's two children continue to study in school.
The loan Angelique received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Angelique hopes to continue to send her children to school and expand the current business.
Thank you for your support of Angelique and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.