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Fatte is from Ethiopia. She needs a loan of $175 to buy in bulk amounts.
Fatte is from Ethiopia. She needs a loan of $175 to buy in bulk amounts.
Fatte sells herbs and spices. She plans to grow her business with this loan from World Vision. Until now, she has only been able to buy and sell in small amounts. Retail business will be more profitable for her when she can buy larger amounts of her products to avoid the undesirable effects of price fluctuation.
She wants to grow her business further and repay her loan. She will also save some money to meet her future needs.
Fatte is healthier now that she can afford better food. The community in the area will benefit from herbs and spices she sells in the market.
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.
There is no community update available at this time.
Thank you for empowering Fatte Muhe with the opportunity to expand her herbs and spices business. With the $175 loan Fatte was able to buy more herbs and spices in bulk.
Fatte is on her way to repaying her small business loan, as she makes weekly payments of $3. Thanks to the profits she has earned, Fatte can afford to purchase food for her family, provide healthcare and do home repairs.
Thank you for supporting hardworking entrepreneurs like Fatte and World Vision Micro!
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