Lightbox_close_button

Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.

READ MORE…

Addise B

Addise is from Ethiopia. She has 5 children. She needs a loan of $175 to buy an ox.

Agriculture/Animals
Community:
(Damota II) Soddo
Country:
Ethiopia
other entrepreneurs here Ethiopia

Summary

Addise is from Ethiopia. She has 5 children. She needs a loan of $175 to buy an ox.

  • Top Goals To buy an ox
  • Children Helped 5
  • Number of Employees 1

Addise's Story

Addise Balta helps support her family by farming. She needs an ox to increase her small farm’s productivity but she does not have the funds to buy one and cannot afford to borrow from local money lenders.

With a loan from World Vision, Addise can buy an ox and raise more crops on her land. The additional income she can earn will allow her to send her five children to school.

Download PDF

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.

Addise's Community

There is no community update available at this time.

Addise's Mid Term Update September 06, 2012

Thank you for supporting a small business loan for Addise Balta to expand her farming business. After receiving the loan from World Vision, she invested the $175 to buy an ox to help her work her fields more efficiently.

Addise has been repaying her loan on time with her new profits. She makes weekly payments of $3.

In addition to repaying her loan, Addise is using additional income to purchase food for her family, provide them with healthcare, and start a new business.

Addise's five children continue to study in school.

Thank you for supporting Addise and World Vision Micro!

Addise's Final Update March 07, 2013

Addise

Thank you for supporting the small loan for Addise Balta to improve her farming business. She invested her loan of $175 to buy an ox to help her work her fields more efficiently.

Addise has now repaid her loan in full. In addition to repaying her loan, Addise has used her additional income to do home repairs, purchase food for her family and purchase fertilizer for her crops.

Addise's five children continue to study in school.

The loan Addise received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future, Addise hopes to continue to send her children to school, take out another loan and repair or expand their home.

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

Total Amount
$175

Amount raised

$175
$175
100%

Help Addise

4 Donors

  • Dee
    March 08, 2012
    Contributed to 14 other loans
  • Lynne
    March 08, 2012
    Contributed to 1 other loans
  • Karen
    March 08, 2012
    Contributed to 4 other loans
  • Karen And Rex
    March 08, 2012
    Contributed to 10 other loans

Similar Opportunities