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Jacqueline is from Rwanda. She needs a loan of $500 to buy more cows.
Jacqueline is from Rwanda. She needs a loan of $500 to buy more cows.
Jacqueline, a mother of one from Kibirizi, Rwanda, has a business selling meet. She is in need of capital to purchase more cattle to raise and produce meat.
With a loan through World Vision, Jacqueline will be able to purchase needed cattle to produce meat which then she will be able to sell for profit. She will also be able to employ two other individuals in her community. Additional income created will allow her to better provide for her family and meet their daily needs, such as food and medical insurance.
In the future, Jacqueline hopes to be financially stable and keep expanding her business.
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.
Mudasomwa is a densely populated rural community in Rwanda. Families in this area grow crops such as sorghum, sweet potatoes, beans, and bananas. Soil quality is poor, and many families keep livestock simply to have manure to use as fertilizer.
Some homes have roofs made of iron sheets or tiles, while others are simply thatched with grass. Widows and children often live in homes with damaged walls and leaking roofs. Many children in this community live alone or care for younger siblings and are unable to attend school. Insufficient diets, unclean water, and lack of sanitary toilets and sinks increase the prevalence of diseases, including malaria, worms, and malnutrition. Health facilities in the area do not have enough supplies or staff to adequately serve the community.
World Vision is working to improve life for community members in Mudasomwa by providing vocational training, school supplies, healthcare, health education, food assistance, seeds and fertilizers, livestock, and water tanks.
Thank you for supporting a small business loan for Jacqueline Uwizeyimana to expand her food and livestock business where she sells meat.
After receiving the loan from World Vision, she invested the $500 to buy more cows.
Jacqueline has been repaying her loan on time with her new profits. She makes weekly payments of $15.
In addition to repaying her loan, Jacqueline is using additional income to purchase food for the family, expand the current business, and provide healthcare. Jacqueline's child continues to study in school.
Thank you for supporting Jacqueline and World Vision Micro!
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