Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Bantale is from Ethiopia. She has 4 children. She needs a loan of $175 to buy more inventory for resale .
Bantale Anabo buys dairy products, coffee and other produce from local farmers and sells them at the local market. She would like to expand her business but lacks cash with which to buy more products for resale.
With a loan from World Vision, Bantale can buy more produce to sell at the market. The additional income she earns will pay for school and medicine for her four children.
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.
Bantale Anabo has successfully repaid her small business loan. She invested the $175 into her retail business by purchasing additional dairy products, coffee, and produce from local farmers to resell at her local market.
Thanks to the loan she received, Bantale was able to use the profits from her business to provide her family with healthcare, purchase food for them, and do home repairs.
In the future, Bantale aspires to earn enough to continue sending her children to school, expand her current business, and buy supplies in bulk.
Bantale's four children continue to study in school. Because she was able to invest in her business, she will be able to invest in her family.
Thank you for investing in the power of hardworking people, like Bantale, through World Vision Micro. These funds are now available to help other entrepreneurs in Bantale's community.