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Ayelech M

Ayelech is from Ethiopia. She has 1 child. She needs a loan of $150 to buy cattle.

Agriculture/Animals
Community:
Antsokiya Gemza
Country:
Ethiopia
other entrepreneurs here Ethiopia

Summary

Ayelech is from Ethiopia. She has 1 child. She needs a loan of $150 to buy cattle.

  • Top Goals To buy cattle
  • Children Helped 1

Ayelech's Story

Ayelech, a mother of one from Majete, Ethiopia, was brought up in a family who has been in cattle raising and fattening activity. "I learned the cattle fattening trade from my parents and this enables me to have good life for me and my child,” she said. She currently operates her own cattle fattening business but lacks the capital needed to run her business as she would like.

With a loan through World Vision, Ayelech will be able to buy cattle to raise and fatten and then sell them for profit. Additional income created will allow her to improve the lifestyle of her family. “The increased income will go towards giving my family a quality life and paying for my children to attend school.”

In the future, Ayelech wants to keep expanding her business, especially the cattle fattening business.

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Industry Info

The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.

Ayelech's Community

There is no community update available at this time.

Ayelech's Mid Term Update August 07, 2012

Thank you for supporting a small business loan for Ayelech Meshesha to expand her livestock business. After receiving the loan from World Vision, she invested the $150 to buy cattle to raise, fatten, and sell for profit.

Ayelech has been repaying her loan on time with her new profits. She makes weekly payments of $2.

In addition to repaying her loan, Ayelech is using additional income to provide her family with healthcare, do home repairs and purchase food for her family.

Ayelech's child continues to study in school.

Thank you for supporting Ayelech and World Vision Micro!

Ayelech's Final Update February 05, 2013

Ayelech

Thank you for supporting the small loan for Ayelech Meshesha to improve her livestock business. She invested her loan of $150 to buy cattle to raise, fatten, and sell for profit.

Ayelech has now repaid her loan in full. In addition to repaying her loan, Ayelech has used her additional income to provide her family with healthcare, do home repairs and purchase food for her family.

Ayelech's child continues to study in school.

The loan Ayelech received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Ayelech hopes to continue to send her children to school, start a new business and take out another loan.

Thank you for your support of Ayelech and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$150

Amount raised

$150
$150
100%

Help Ayelech

1 Donors

  • Teresa
    February 04, 2012
    Contributed to 15 other loans

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