Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Bosco is from Rwanda. He needs a loan of $850 to buy more produce.
Bosco run a produce stand in Kitabi, Rwanda, selling items such as bananas, potatoes, beans, vegetables, etc. He currently lacks the capital needed to run his business as he would like.
With a loan through World Vision, Bosco will be able to restock his business with produce, which will then help him attract customers and generate income. He will also be able to employ another individual in his local community. Additional income created will allow him to reinvest in his business and save for his future.
In the future, Bosco wants to keep expanding his business and employ others in his local community. He says he will have a great life.
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 Bosco Mukeshimana to expand his produce stand.
After receiving the loan from World Vision, he invested the $850 to buy more produce.
Bosco has been repaying his loan on time with his new profits. He makes weekly payments of $26.
In addition to repaying his loan, Bosco is using additional income to purchase food for the family, expand the current business, and provide healthcare.
Thank you for supporting Bosco and World Vision Micro!
Bosco Mukeshimana has successfully repaid his small business loan. He invested the $850 for his produce stand business.
Thanks to the loan that he received, Bosco was able to use the profits from his business to pay his children's school fees, purchase food and provide healthcare for his family. In the future, Bosco aspires to earn enough to add employees, expand his current business and take out another loan.
Bosco would like to thank all donors who contributed to help him!
Thank you for investing in the power of hardworking people like Bosco through World Vision! These funds are now available to help other entrepreneurs in Bosco’s community.