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Bizunesh M

Bizunesh is from Ethiopia. She has 5 children. She needs a loan of $175 to buy an ox for her farming business.

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

Summary

Bizunesh is from Ethiopia. She has 5 children. She needs a loan of $175 to buy an ox for her farming business.

  • Top Goals To buy an ox for her farming business
  • Children Helped 5

Bizunesh's Story

Farming is the main business for Bizunesh and her family. However, she lacks the capital needed to buy an oxen needed for farming. Because she did not own an oxen she could not farm a larger plot of land and her family income was very low. She felt there was no one who she could trust in me to lend, but World Vision Micro did.

"The loan I have accessed from World Vision Micro has filled this gap and now I can purchase an oxen for my farming business."

With her loan she can now grow her business, using improved seeds in the farm to increase productivity.

The additional income will enable her to provide for her family's basic needs for life and send her children to school.

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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.

Bizunesh's Community

There is no community update available at this time.

Bizunesh's Mid Term Update September 15, 2012

Thank you for supporting a small business loan for Bizunesh Mada to expand her farming business. After receiving the loan from World Vision, she invested the $175 to buy an ox to help cultivate and maintain her farmland.

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

In addition to repaying her loan, Bizunesh is using additional income to provide her family with healthcare, do home repairs and purchase food for her family.

Bizunesh's five children continue to study in school.

Thank you for supporting Bizunesh and World Vision Micro!

Bizunesh's Final Update March 16, 2013

Bizunesh

Thank you for supporting the small loan for Bizunesh Mada to improve her farming business. She invested her loan of $175 to buy an ox for to help cultivate and maintain her farmland.

Bizunesh has now repaid her loan in full. In addition to repaying her loan, Bizunesh has used her additional income to provide her family with healthcare, do home repairs and purchase food for her family.

Bizunesh's five children continue to study in school.

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

Thank you for your support of Bizunesh 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 Bizunesh

2 Donors

  • Darla
    March 16, 2012
    Contributed to 1 other loans
  • Nicholas
    March 17, 2012
    Contributed to 3 other loans

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