Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
Jean Baptiste is from Rwanda. He needs a loan of $675 to purchase more clothes to sell.
Jean Baptiste is from Rwanda. He needs a loan of $675 to purchase more clothes to sell.
Jean Baptiste, a father of three from Burera, Rwanda, seeks to purchase various clothes to resell in his clothing store. He current challenge is not having enough capital to properly run his business.
With a loan through World Vision, Jean Baptiste will be able to expand and restock his store, thus attracting more customers and generating sales. He will also be able to employ two others individuals in his community. Additional income created will allow him to reinvest in his business and better provide for his family.
In the future, Jean Baptiste wants to be financially stable and create more jobs for others in his 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 Jean Baptiste Ndumusangwa to expand his business where he sells clothes for a living. After receiving the loan from World Vision, he invested the $675 by buying more clothing to sell.
Jean Baptiste has faced some challenges in his business so he is struggling to make his payments on time. However, he has been working to repay his loan with his new profits, and he makes weekly payments of $21. In addition to repaying his loan, Jean Baptiste is using the additional income to purchase food for the family, expand the current business, and provide healthcare. Jean Baptiste's 3 children continue to study in school.
Jean Baptiste would like to thank all donors who contributed to help him. Thank you for supporting Jean Baptiste and World Vision Micro!
Thank you for supporting the small loan for Jean Baptiste Ndumusangwa to improve his clothing and services business. He invested his loan of $675 to purchase more clothes to sell to customers.
Jean Baptiste has now repaid his loan in full. In addition to repaying his loan, Jean Baptiste has used his additional income to purchase food and provide healthcare for his family.
Jean Baptiste's three children continue to study in school.
The loan Jean Baptiste received helped his business expand and the profits he is earning create lasting improvements in his life. In the future Jean Baptiste hopes to add employees and expand the current business.
Thank you for your support of Jean Baptiste and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.
.JPG?1367284362)
